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1S 6. Riordan Inc. has a bond outstanding that has a $1,000 par value, semi nnua couponrate of4% and a current yield of 7.9%. What

1S 6. Riordan Inc. has a bond outstanding that has a $1,000 par value, semi nnua couponrate of4% and a current yield of 7.9%. What is the price of the bond? (Round to nearest $)

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