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What is the equilibrium price of a $1000 par value bond with a 8.35% coupon rate (annual payments) that matures in 8 years, assuming that
What is the equilibrium price of a $1000 par value bond with a 8.35% coupon rate (annual payments) that matures in 8 years, assuming that this bonds yield to maturity (YTM) is 6.85%?
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