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What is the price of the bond that has a coupon rate of 5 . 1 % , a yield to maturity of 5 .

What is the price of the bond that has a coupon rate of

5.1 %,

a yield to maturity of

5.2 %,

a face value of $

1000,

and

20

years to maturity? The coupon payments are annual.

Enter your response below. Enter your answer to rounded

2

DECIMAL PLACES.

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