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What is the price of a $ 5 0 0 0 par value bond, with a coupon rate of 7 . 5 % ( coupon

What is the price of a $

5000

par value bond, with a coupon rate of

7.5 % (

coupon interest paid

quarterly

), 15

years remaining to maturity and a yield to maturity of

8.25 % ?

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