[Solved] What is the price of a $1000 bond with 10

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What is the price of a $1000 bond with 10 years to maturity, a 6% semi-annual coupon and a 7.6% yield to maturity? Why is

What is the price of a $1000 bond with 10 years to maturity, a 6% semi-annual coupon and a 7.6% yield to maturity?

Why is the answer 889.33?

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