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The yield to maturity for a $1,000 face value bond is 4.92%. If the bond pays a 3.6% semiannually compounded coupon for the next 11
The yield to maturity for a $1,000 face value bond is 4.92%. If the bond pays a 3.6% semiannually compounded coupon for the next 11 years, what is the price of the bond?
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