What is the bonds current price round to two decimal places


Consider the following bond: a semi-annual coupon bond maturing in 6 years with an annual coupon rate of 6% paying a face value of $1000. Its annual yield to maturity is 4.5%. What is the bond's current price? Round to two decimal places. Show all work.

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Finance Basics: What is the bonds current price round to two decimal places
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