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The yiald to maturity of a $1,000 bond with a 7% coupon nate, seminnnual coupons, and two years to maturly is 7% APR, compounded aereiarnualy

The yiald to maturity of a $1,000 bond with a 7% coupon nate, seminnnual coupons, and two years to maturly is 7% APR, compounded aereiarnualy What is is price? The price of the bond is s. (Round to the nearest cent.)

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