Question: BUBBLE LLC has a $5,000 par value bond outstanding with a coupon rate of 6.2 percent paid semiannually and 10 years to maturity. The yield

BUBBLE LLC has a $5,000 par value bond outstanding with a coupon rate of 6.2 percent paid semiannually and 10 years to maturity. The yield to maturity of the bond is 4.8 percent. What is the price of the bond?

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