Question: A semi - annual coupon bond has a face value of $ 1 , 0 0 0 and a coupon rate of 2 . 7

A semi-annual coupon bond has a face value of $1,000 and a coupon rate of 2.7%. Time to maturity is 26 years and the current yield to maturity is 1.9%. How much is this bond worth? Round to the nearest cent.
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 A semi-annual coupon bond has a face value of $1,000 and

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