Question: A bond has ten years until maturity. The face value on the bond is $ 1 , 0 0 0 . 0 0 , while

A bond has ten years until maturity. The face value on the bond is $1,000.00, while the coupon rate attached to the bond is 7.375%. The bond pays coupons on an annual basis. Investors seek a 6.00% return on the bond.
Find the price of the bond based on the yield to maturity.
Answer format: Currency: Round to: 2 decimal places.
A bond has ten years until maturity. The face value on

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