Question: Yan Yan Corp. has a $ 2 , 0 0 0 par value bond outstanding with a coupon rate of 4 . 7 percent paid

Yan Yan Corp. has a $2,000 par value bond outstanding with a coupon rate of 4.7
percent paid semiannually and 13 years to maturity. The yield to maturity of the
bond is 5.05 percent. What is the dollar price of the bond? SHOW FORUMLA AND ANSWER PLEASE
Yan Yan Corp. has a $2,000 par value bond outstanding with

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