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8 . Three years ago , Tristan bought a 30 - Year , 54596 , $1 ,000 bond . The bond pays interest semiannually .

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8 . Three years ago , Tristan bought a 30 - Year , 54596 , $1 ,000 bond . The bond pays interest semiannually . He wants to sell the bond after receiving the sixth semiannual dividend a ) Similar bonds are being issued that pay 496 . What is Tristan's bond worth today Round your answer to the nearest cent . )

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