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QUESTION
What must be the price of a 1,000 bond with a 6.1% coupon rate, annual coupons and 30 years of maternity if YTM is 7.6% APR?
What must be the price of a 1,000 bond with a 6.1% coupon rate, annual coupons and 30 years of maternity if YTM is 7.6% APR?
