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A bond with 7 years to maturity has a maturity (face) value of $5,000, pays no interest for the first 3 years, $1,000 each year

A bond with 7 years to maturity has a maturity (face) value of $5,000, pays no interest for the first 3 years, $1,000 each year for the next 2 years, and $2,000 each year for the last 2 years. If the discount rate is 12%, what is the fair price of the bond today? (Round to the nearest dollar.)

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