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Posted on Sep 20, 2024

the yield to maturity of a $1000 bond with a 7.4%, coupon rate, semiannual couopons, and two years to maturity is 7.8% APR, compounded semiannually.

the yield to maturity of a $1000 bond with a 7.4%, coupon rate, semiannual couopons, and two years to maturity is 7.8% APR, compounded semiannually. What is its price?

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