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You have a bond which pays semi-annual coupons of $49. The bond has 10 years remaining to maturity. It has a face value of $1,000

You have a bond which pays semi-annual coupons of $49. The bond has 10 years remaining to maturity. It has a face value of $1,000 and the current YTM of the bond is 7%. What is the price of this bond?

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