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What is a fair price for a $1,000 face value bond with a 5.5% yield to maturity. The bond has an annual coupon rate of
What is a fair price for a $1,000 face value bond with a 5.5% yield to maturity. The bond has an annual coupon rate of 2%, paid semiannually, was issued in 2000, and matures in 2030.
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