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

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

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