Question: 9 . Deere Inc. has a $ 1 0 0 0 par value bond with exactly 1 2 years remaining to maturity. The next semi
Deere Inc. has a $ par value bond with exactly years remaining to maturity. The next semiannual coupon will be paid in months at a rate of APR compounded semiannually. What is the current price of this bond if the market requires a yieldtomaturity of APR compounded semiannually?
Enter answer in dollars, rounded to the nearest dollar.
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