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You own government bonds with a face value of $2 million. The bonds mature 6 years and 3 months from today and have a coupon

You own government bonds with a face value of $2 million. The bonds mature 6 years and 3 months from today and have a coupon rate of 12%, paid semi-annually. The next coupon will be paid in three months. How much are the bonds worth today? APR = 6%.

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