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What is the value of a $1000 par value bond with a 2% annual coupon if its yield to maturity equal is 6% and

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What is the value of a $1000 par value bond with a 2% annual coupon if its yield to maturity equal is 6% and it will mature in 8 years? Round your answer to the nearest tenth. Do not provide a negative number. Advice: Provide calculation details in the reasons box. Answer:

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