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Thirteen years ago, you purchased a bond with a 2 0 - year maturity, a $ 1 , 0 0 0 par value, a 1
Thirteen years ago, you purchased a bond with a year maturity, a $ par value, a nominal coupon rate, with semiannual coupon payments. The economy interest rate is currently per half year. The first payment is due immediately, and there are more years of semiannual payments remaining. What is the current market value of the bond within $
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