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The bond's current price is $ ( Round to the nearest cent. ) You are considering the purchase of a SI,OOO par value bond wth

The bond's current price is $

(

Round to the nearest cent.

)

You are considering the purchase of a SI,OOO par value bond wth e coupon rate of 4.8% (with interest paid semiannually) that matures in 12 years If the bond is priced to yield what is the boncrs current price? The boncfs current price is (Round to the nearest cent)

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