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You have just purchased a regular bond. The has a face value of $950,000. The bond has a coupon rate of 6.7%. Coupons are paid

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You have just purchased a regular bond. The has a face value of $950,000. The bond has a coupon rate of 6.7%. Coupons are paid annually. The yield to maturity on the bond is 6.0%. The bond has 20 years to maturity. How much did you pay for the bond today? You answer should be accurate to two decimal places

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