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What is the price of a 10-year, $1,000 bond with a 6% coupon rate and semiannual coupons if the bonds yield to maturity is 5.5%
What is the price of a 10-year, $1,000 bond with a 6% coupon rate and semiannual coupons if the bonds yield to maturity is 5.5% (APR with semiannual compounding)?
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