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You're considering a $1000 face value bond with 7 years time to maturity. The bond has a coupon of 5.5% paid semiannually. If the current

You're considering a $1000 face value bond with 7 years time to maturity. The bond has a coupon of 5.5% paid semiannually. If the current market rate is 9.4%, what should the current price be

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