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1 ) A coupon bond that pays interest annually has a par value of $ 1 0 0 0 , matures in 5 years, and

1) A coupon bond that pays interest annually has a par value of $1000, matures in 5 years, and has a yield to maturity of 12%. If the coupon rate is 10%, the value of the bond today will be ___ Note: Expressyour answers in strictly numerical terms. For example, if the answer is $500, write enter 500 as an answer.

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