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A $1,000 par value bond was issued 15 years ago at a 11.50 percent coupon rate. It currently has 5 years remaining to maturity. Interest

A $1,000 par value bond was issued 15 years ago at a 11.50 percent coupon rate. It currently has 5 years remaining to maturity. Interest rates on similar debt obligations are now 6.50 percent. What is the current price of the bond

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