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A $1,000 par value bond was issued 15 years ago at a 13.00 percent coupon rate, paid semiannually. It currently has 10 years remaining to

A $1,000 par value bond was issued 15 years ago at a 13.00 percent coupon rate, paid semiannually. It currently has 10 years remaining to maturity. Interest rates on similar debt obligations are now 8 percent. (Use a Financial calculator to arrive at the answers.) a. What is the current price of the bond? (Round the final answer to 2 decimal places.) Price of the bond

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