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A $ 2 1 , 0 0 0 Government of Canada bond was issued with a 2 5 - year maturity and a coupon rate

A $21,000 Government of Canada bond was issued with a 25-year maturity and a coupon rate of 8.92% compounded semi-annually. Two-and-a-half years later the bond is being sold when market rates have increased to 9.46% compounded semi-annually. Determine the selling price of the bond. Round to the nearest dollar.

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