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You are considering the purchase of a $ 1 , 0 0 0 par value bond with a coupon rate of 5 . 6 %
You are considering the purchase of a $ par value bond with a coupon rate of with interest paid semiannually that matures in years. If the bond is priced to yield what is the bond's
current price?
The bond's current price is $Round to the nearest cent.
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