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What is the price of a 10 -year bond with a coupon rate of 7% and a yield to maturity (YTM) of 8% ? As

image text in transcribed What is the price of a 10 -year bond with a coupon rate of 7% and a yield to maturity (YTM) of 8% ? As always, assume semi-annual coupon payments and a par (face) value of 1,000

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