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1.JJ Corporation's outstanding bonds have a $1,000 par value, an 8% semiannual coupon, 14 years to maturity, and 11% YTM. What is the bond's price?

1.JJ Corporation's outstanding bonds have a $1,000 par value, an 8% semiannual coupon, 14 years to maturity, and 11% YTM. What is the bond's price?

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