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What is the value or price today of a bond with 8 years to maturity, a coupon rate of 6.20%, a required rate of return

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What is the value or price today of a bond with 8 years to maturity, a coupon rate of 6.20%, a required rate of return by bond investors of 8.60%, and a par value of $1,000? Assume semi-annual coupon payments. [Enter your answer showing two decimal places (e.g. 1119.99). Do not enter a dollar sign or other symbol, other than a decimal place (.) symbol.] Your Answer: D

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