A bond with semi-annual coupon payments has the following characteristics: Par value of 10,000; coupon rate of 10% (annu

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A bond with semi-annual coupon payments has the following characteristics: Par value of 10,000; coupon rate of 10% (annu

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A bond with semi-annual coupon payments has the followingcharacteristics: Par value of 10,000; coupon rate of 10% (annual);maturity date 30 years; yield of 9%. What is the current price?
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