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uppose a 6-year bond has a face value of $1,000 and has a semi-annual YTM oi 0.070 . It pays semi-annual coupons of 8%. What

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uppose a 6-year bond has a face value of $1,000 and has a semi-annual YTM oi 0.070 . It pays semi-annual coupons of 8%. What is the bond's price? nstruction: Type ONLY your numerical answer in the unit of dollars, NO \$ sign, NO comma, and round to the nearest whole

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