Question: Question 2 (2 points) A bond has a $1,000 par value, a 15% semiannual coupon, and matures in 6 years. What is the price of

 Question 2 (2 points) A bond has a $1,000 par value,

Question 2 (2 points) A bond has a $1,000 par value, a 15% semiannual coupon, and matures in 6 years. What is the price of this bond (to the nearest dollar) if it has a yield of 12%? Your

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