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What is the quoted price of a bond with 5 years to maturity, a coupon rate of 8%, and a YTM of 7.5%? Coupons are
What is the quoted price of a bond with 5 years to maturity, a coupon rate of 8%, and a YTM of 7.5%? Coupons are paid semi-annually. (Please answer showing 4 significant digits.)
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