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Yan Yan Corporation has a $3,000 par value bond outstanding with a coupon rate of 5.6 percent paid semiannually and 19 years to maturity. The

Yan Yan Corporation has a $3,000 par value bond outstanding with a coupon rate of 5.6 percent paid semiannually and 19 years to maturity. The yield to maturity of the bond is 6.4 percent. What is the dollar price of the bond

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