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The Correct anwser is above. show me the formula to calculate it Question 6 0/7 points Compute the price of a $1,000 par value, 18

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The Correct anwser is above. show me the formula to calculate it

Question 6 0/7 points Compute the price of a $1,000 par value, 18 percent (semi-annual payment) coupon bond with 11 years remaining until maturity assuming that the bond's yield to maturity is 9 percent? (Round your answer to 2 decimal places and record your answer without dollar sign or commas). Answer: x (1,620.30)

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