Question: Question 1 (2 points) A bond has a $1,000 par value, a 7% annual coupon, and matures in 4 years. What is the price of

Question 1 (2 points) A bond has a $1,000 par value, a 7% annual coupon, and matures in 4 years. What is the price of this bond (to the nearest dollar) if it has a yield of 12%? Your

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