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A bond has a face value of $ 3 , 9 9 6 . The bond pays a semi - annual coupon of 9 .

A bond has a face value of $3,996. The bond pays a semi-annual coupon of 9.08%. The bond matures in 22 years. The expected yield to maturity is 4.29%. What would be the price of the bond today? Enter the answer rounded to two decimals (i.e., the nearest cent) and as a POSITIVEnumber.

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