Question: [ 1 2 POINTS ] A corporation has a $ 4 , 0 0 0 par value bond outstanding with a coupon rate of 5

[12 POINTS] A corporation has a $4,000 par value bond outstanding with a coupon rate of 5.2 percent. The bonds make semi-annual coupon payments and have 19 years to maturity. The yield to maturity of the bond is 4.1 percent. What is the dollar price of the bond?
[12 POINTS] A corporation has a $4,000 par value bond outstanding

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