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A bond has 15 years left to maturity and a coupon rate of 4.1 percent....

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Finance

A bond has 15 years left to maturity and a coupon rate of 4.1 percent. The bond has semiannual coupon payments and a $1 ,000 face value. The annual yield to maturity is 4 percent. How much is the present value of the bond? Round your answer to two decimal places. Enter your answer as a positive number.

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