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What is the price of a $1,000 par value, 9.0% semi-annual coupon bond that matures in 13 ye if investors require a 5.5% return Round

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What is the price of a $1,000 par value, 9.0% semi-annual coupon bond that matures in 13 ye if investors require a 5.5% return Round your answer to the nearest dollar

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