What is the price of a 1000 par value bond with an 8 coupon


What is the price of a $1,000 par value bond with an 8% coupon rate paid semiannually, if the bond is priced to yield 4% and it has 15 years to maturity?

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Finance Basics: What is the price of a 1000 par value bond with an 8 coupon
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