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Score: 0 of 5 pts 2 of 20 (1 complete) HW Score: 5%, 5 of 100 pts P 6-10 (similar to) Question Help 0 The
Score: 0 of 5 pts 2 of 20 (1 complete) HW Score: 5%, 5 of 100 pts P 6-10 (similar to) Question Help 0 The yield to maturity of a $1,000 bond with a 6.5% coupon rate, semiannual coupons, and two years to maturity is 8.7% APR, compounded semiannually. What is its price? The price of the bond is $ (Round to the nearest cent.)
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