Question: How is this problem worked? A 15 year corporate ($1,000 par) pays $40 interest every six months. What is the bond's price if the bond's

How is this problem worked? A 15 year corporate ($1,000 par)
How is this problem worked?

A 15 year corporate ($1,000 par) pays $40 interest every six months. What is the bond's price if the bond's promised ytm in 5.5%

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