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3-years ago, you purchased a newly-issued TIPS bond that has a 6% coupon rate, 5 years to maturity, and a par value of $1000. The

3-years ago, you purchased a newly-issued TIPS bond that has a 6% coupon rate, 5 years to maturity, and a par value of $1000. The yearly average inflation rate since purchase has been 4.2%. What is the current face value of the bond?

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