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The yield to maturity of a $1,000 bond with a 6.9% couponrate, semiannualcoupons, and two years to maturity is 8.6% APR, compounded semiannually. What is

The yield to maturity of a $1,000 bond with a 6.9% couponrate, semiannualcoupons, and two years to maturity is 8.6% APR, compounded semiannually. What is itsprice?

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