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suppose that you purchase a Baa rated $ 1 , 0 0 0 semi - annual coupon bond with a 7 . 4 % coupon

suppose that you purchase a Baa rated $

1, 000

semi

-

annual coupon bond with a

7.4 %

coupon rate and a

5 -

year maturity yielding

4.618 %,

what would the price be

?

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