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what formula is used for Nog, Inc., has a bond outstanding with a par value of $ 1 , 0 0 0 , 2 3

what formula is used for Nog, Inc., has a bond outstanding with a par value of $

1, 000, 23

years to maturity, and a coupon rate of

5.1

percent paid semiannually. If the YTM on the bond is

4.3

percent, what is the price of the bond in dollars?

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