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the yield to maturity of a $ 1 , 0 0 0 bond with a 6 . 8 % coupon rate, semiannual coupon , and

the yield to maturity of a $

1, 000

bond with a

6.8 %

coupon rate, semiannual coupon

,

and two year to maturity is

8.9 %

APR, compounded semiannually. what is its price?

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