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A $1,000 par value bond matures in 8 years, pays interest semi-annually, has a coupon rate of 7.3 and has a yield-to-maturity of 4.4 percent.

A $1,000 par value bond matures in 8 years, pays interest semi-annually, has a coupon rate of 7.3 and has a yield-to-maturity of 4.4 percent. What is the current market price? Round your answer to the nearest cent.

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