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Question 3 2 pts A(n) 6.9% bond with 11 years left to maturity has a YTM of 7.8%. The bond's price should be $. You

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Question 3 2 pts A(n) 6.9% bond with 11 years left to maturity has a YTM of 7.8%. The bond's price should be $. You should assume as usual that the coupon payments occur semiannually. Do not round any intermediate work. Round your *final* answer to 2 decimal places (example: 1234.567 = 1234.57). Do not enter the $ ( sign. Margin of error for correct responses: +/-.05. =

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