Question: A $1,000 face value bond currently has a yield to maturity of 9.3%. The bond matures in 10 years and pays interest annually. The coupon

A $1,000 face value bond currently has a yield to maturity

A $1,000 face value bond currently has a yield to maturity of 9.3%. The bond matures in 10 years and pays interest annually. The coupon rate is 6.5%. What is the current price of this bond? A

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