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A company issued bonds with 8.4% coupons paid annually (once per year), $1,000 face value, and 6 years left to maturity. If the YTM in

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A company issued bonds with 8.4% coupons paid annually (once per year), $1,000 face value, and 6 years left to maturity. If the YTM in the market for similar bonds is 10.4%, what is the current bond price? (Do not round intermediate calculations and round your answer to 2 decimal places, e.9., 12.34.)

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