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Suppose that we have a 10 year, 6% coupon, selling for 110, Par equals $1,000. (Payments are semiannual). Assume that tomorrow, interest rates to 2%.

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Suppose that we have a 10 year, 6% coupon, selling for 110, Par equals $1,000. (Payments are semiannual). Assume that tomorrow, interest rates to 2%. What is the total $ amount the investor will have at maturity (at the end of year 10? Please round to two decimal places (e.g. $1.325.00)

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