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with working out please 1. The yield to maturity of a $1000 bond with a 7% coupon rate, semi-annual coupons and two years to maturity

with working out please

image text in transcribed 1. The yield to maturity of a $1000 bond with a 7% coupon rate, semi-annual coupons and two years to maturity is 7.6% APR, compounded semi-annually. What must its price be

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