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A company issued bonds with 8 % coupons paid annually ( once per year ) , $ 1 , 0 0 0 face volue, and

A company issued bonds with 8% coupons paid annually (once per year), $1,000 face volue, and 8 years left ro maturity.
If the YTM in the market for similar bonds is 10%, what is the current bond price?
(Do not round intermediate calculations and round your answer to 2 docimal places, 9.9.,12.34.)
Current bond price
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