(Answered) Problem compute the price of a 1000 par value 8 percent

Finance

Problem: Compute the price of a $1,000 par value, 8 percent (semi-annual payment) coupon bond with 21 years remaining until maturity assuming that the bond's yield to maturity is 19 percent? (Round your answer to 2 decimal places and record your answer without dollar sign or commas).

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