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A bond has a coupon rate of 5 % paid annually, a par value of $ 1 , 0 0 0 , and matures tomorrow.

A bond has a coupon rate of 5% paid annually, a par value of $1,000, and matures tomorrow. The bond will sell for__
Hint: On maturity day, the last coupon payment ($50) will be paid together with the redemption amount.

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