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What is the price of a bond (to the nearest cent) with 13 years to maturity, 8.8% coupon rate, annual payments, par of $1000, and
What is the price of a bond (to the nearest cent) with 13 years to maturity, 8.8% coupon rate, annual payments, par of $1000, and the yield to maturity of 8.6%? Drop the $ sign.
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