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Moody Corporation's bonds have a 15 -year maturity, a 7.25% coupon paid semiannually, and a par value of $1,000. If the going market interest rate for bonds of similar risk and maturity is 5.305 (based on semiannual compounding), what is the bond's price? Your answer should be between 1075.00 and 1275.00, rounded to 2 decimal places, with no special characters