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The yield to maturity of a $1,000 bond with a 7.4% coupon​ rate, semiannual​ coupons, and...

The yield to maturity of a $1,000 bond with a 7.4% coupon​ rate, semiannual​ coupons, and two years to maturity is 8.9% ​APR, compounded semiannually. What is its​ price?

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jeff jeffy answered 2 years ago
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