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# Suppose you are looking at a bond. It has a 12 percent coupon interest rate which is paid semiannually, a 10-year maturity and the par value is equal...

Suppose you are looking at a bond. It has a 12 percent coupon interest rate which is paid semiannually, a 10-year maturity and the par value is equal to $1,000. What is the price if the bond's required rate of return is 4? (Using a TI-84)