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A $1,000 bond with a coupon rate of 5% paid semi-annually has 8 years to maturity and a yield to maturity of 9%. The price

A $1,000 bond with a coupon rate of 5% paid semi-annually has 8 years to maturity and a yield to maturity of 9%. The price of the bond is closest to $________. Input your answer without the $ sign and round your answer to two decimal places.

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