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Suppose a 7-year bond has a face value of $1,000 and has a semi-annual YTM of 0.023. It pays semi-annual coupons of 8%. What is
Suppose a 7-year bond has a face value of $1,000 and has a semi-annual YTM of 0.023. It pays semi-annual coupons of 8%. What is the bonds price?
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