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What is the current price of a $1,000 par value bond maturing in 8 years with a coupon rate of 12 percent, paid semiannually, that
What is the current price of a $1,000 par value bond maturing in 8 years with a coupon rate of 12 percent, paid semiannually, that has a YTM of 13 percent?
$856
$1,123
$951
$1,024
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