The yield to maturity of bond-what is price of bond

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The yield to maturity of a $1,000 bond with a 6.8% coupon rate, semiannual coupons, and two years to maturity is 8.1% APR, compounded semiannually. What is its price?

The price of the bond is $_ (round to the nearest cent)

Reference no: EM131583279

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