Question: 1 . A 7 - year, $ 1 0 0 0 par, semi - annual pay 8 % fixed coupon bond has a market discount

 
1. A 7-year, $1000 par, semi-annual pay 8% fixed coupon bond has a market discount rate of 6% with 2 years to maturity. What is the market price of the bond?
 
 

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