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A bond pays semi-annual coupons of 3.5% (so, 7% annually) and has a maturity of 6.5 years. Interest rates on US Treasuries are 5% (annually)

A bond pays semi-annual coupons of 3.5% (so, 7% annually) and has a maturity of 6.5 years. Interest rates on US Treasuries are 5% (annually) at all maturities. What is the fair market value of this bond per $1,000 face amount (approximately)

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