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Roadside Markets has 8 . 4 5 percent coupon bonds outstanding that mature in 1 0 . 5 years. The bonds pay interest semiannually. What

Roadside Markets has 8.45 percent coupon bonds outstanding that mature in 10.5 years. The
bonds pay interest semiannually. What is the market price per bond if the face value is $1,000
and the yield to maturity is 7.2 percent?
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