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A coupon bond has a face value of $ 1 0 0 0 . with 5 . 8 3 % coupon rate. It matures in

A coupon bond has a face value of $

1000 .

with

5.83 %

coupon rate. It matures in

9

years, and has a yield to maturity of

8.51 % .

What is the price of the bond?

NOTE: Submit your answers with

4

decimals after the dot.

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