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A 10-year bond, with a 4% coupon has a yield to maturity of 9% compounded semiannually. If the face value of the bond is $1000,
A 10-year bond, with a 4% coupon has a yield to maturity of 9% compounded semiannually. If the face value of the bond is $1000, then today's value of the bond is $
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