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A bond has a face value of $1,000, a coupon rate of 8% paid semi-annually, matures in 8 years, issued at $950.35. 3 years from

A bond has a face value of $1,000, a coupon rate of 8% paid semi-annually, matures in 8 years, issued at $950.35. 3 years from now the bond trades to earn an effective annual YTM of 10%. At what price should this bond be trading for at the beginning of year 4?

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