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A bond has a face value of $1,000 and 15 years until maturity. The bond has a 4% APR coupon with semi-annual coupon payments. Currently,

A bond has a face value of $1,000 and 15 years until maturity. The bond has a 4% APR coupon with semi-annual coupon payments. Currently, investors seek a 7% APR yield to maturity to hold the bond. What is the current trading price of the bond

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