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You buy a $28 000 6% par value bond. The bond matures in 11 years and yields 7.1% compounded semi-annually. Given the bond interest is

You buy a $28 000 6% par value bond. The bond matures in 11 years and yields 7.1% compounded semi-annually. Given the bond interest is paid semi-annually, how much did you pay for the bond

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