Question: a firm ABC issues a bond with a par value of $1,000. The bond matures in 8 years and pays semiannual coupons. the coupon rate

a firm ABC issues a bond with a par value of $1,000. The bond matures in 8 years and pays semiannual coupons. the coupon rate is 8.36% and the YTM of the bond is 9.25%. what is the price of the bond?

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