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A 10 year $1,000 par value bond was sold at par with a coupon of 8.2% paid semi- annually. It is now 2-years to maturity

A 10 year $1,000 par value bond was sold at par with a coupon of 8.2% paid semi- annually. It is now 2-years to maturity and investors are requiring a 9% yield on this bond. Calculate the approximate current market value of the bond

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