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A municipal bond with a coupon rate of 4 . 3 percent has a yield to maturity of 5 . 3 percent. Assume a face

A municipal bond with a coupon rate of 4.3 percent has a yield to maturity of 5.3 percent. Assume a face value of $5,000. If the bond has 10 years to maturity, what is the price of the bond?
Note: Do not round intermediate calculations. Round your answer to 2 decimal places.
Price of the bond
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