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A government bond with a face value of $690,000 was issued 5 years ago and there are 8 years remaining until maturity. The bonds coupon

A government bond with a face value of $690,000 was issued 5 years ago and there are 8 years remaining until maturity. The bonds coupon rate is 2.3% pa paid semi-annually and rates in the marketplace are 2.2% pa. What is the value of the bond today?

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