Question: Please help with this problem You are considering a 20 -year, $1,000 par value bond. Its coupon rate is 9%, and interest is paid semiannually.

Please help with this problem
You are considering a 20 -year, $1,000 par value bond. Its coupon rate is 9%, and interest is paid semiannually. If you require an "effective" calculations. Round your answer to the nearest cent
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