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A bond matures in 17 years, has a coupon rate of 7% and has a YTM of 6.78%. What is the present value of the

A bond matures in 17 years, has a coupon rate of 7% and has a YTM of 6.78%.

What is the present value of the par payment?

Round your answer to 2 decimals places, for example $100.12.

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