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4 poin Mordor Corporation's bonds have a 8-year maturity, a 4 50% coupon rate with semiannual payments, and a par value of S1 000. The

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4 poin Mordor Corporation's bonds have a 8-year maturity, a 4 50% coupon rate with semiannual payments, and a par value of S1 000. The market required return stated as a nominal APR is 5.00%. What is the bond's price today?(round to the second decimal place)

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