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Robix Inc. has a 9.5% coupon bond with a face value of $1,000 that matures in 5years. The bond pays interest semiannually. If the yield

Robix Inc. has a 9.5% coupon bond with a face value of $1,000 that matures in 5years. The bond pays interest semiannually. If the yield to maturity is 4%, what is the price of the bond?

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