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6. You buy an eight-year bond that has a 6% current yield and a 6% coupon rate (coupons will be paid annually). The face value

6. You buy an eight-year bond that has a 6% current yield and a 6% coupon rate (coupons will be paid annually). The face value is $1000. In one year, the yield-to-maturity of this bond has risen to 7%. What is the bonds value immediately after the 1st coupon is paid?

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