Question: A 6year maturity bond with a $1,000 face value makes semiannual coupon payments and has a coupon rate of 12 percent. What is the bonds

A 6year maturity bond with a $1,000 face value makes semiannual coupon payments and has a coupon rate of 12 percent. What is the bonds price if the bonds yield to maturity is 9 percent?

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