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What is the current market price of a $1000 bond that has a 7% coupon rate and matures in 14 years in 2030? The YTM
What is the current market price of a $1000 bond that has a 7% coupon rate and matures in 14 years in 2030? The YTM of comparable bonds is 10.5%. Assume that interest is paid semi-annually, once every six months.
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