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A bond pays interest semiannually. Its coupon rate is 3.6%, a term to maturity of 19 years, a par value of $1,000. Yields or comparable

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A bond pays interest semiannually. Its coupon rate is 3.6%, a term to maturity of 19 years, a par value of $1,000. Yields or comparable market rates for this bond are 8.7%. Based on this information what is the value or price of the bond? Show 2 decimals, for example: $999.99

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