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What is a fair price of a 1 8 - year annual coupon bond, with a coupon rate of 6 . 6 5 % ,

What is a fair price of a

18 -

year annual coupon bond, with a coupon rate of

6.65 %,

a face value of $

1000,

and a yield

-

-

maturity of

7.36 % ?

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