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Suppose that General Motors Acceptance Corporation issued a bond with 10 years until​ maturity, a face...

Suppose that General Motors Acceptance Corporation issued a bond with 10 years until​ maturity, a face value of $1,000 ​, and a coupon rate of 7.7% ​(annual payments). The yield to maturity on this bond when it was issued was 6.5%. Assuming the yield to maturity remains​ constant, what is the price of the bond immediately before it makes its first coupon​ payment? Before the first coupon​ payment, the price of the bond is ​$

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