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Question 3. (10 points) A bond has 15 years left to maturity. The coupon rate is 9% per year (coupons are paid semi- annually), and

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Question 3. (10 points) A bond has 15 years left to maturity. The coupon rate is 9% per year (coupons are paid semi- annually), and face value is $1,000. If the YTM = 12% per year, what is the bond price

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