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A nine-year RE corporate bond has a 7% coupon rateWhat is the current market price of the bond if the expected return is 6.9% and

A nine-year RE corporate bond has a 7% coupon rateWhat is the current market price of the bond if the expected return is 6.9% and the required rate of return is 6% and the bond pays interest semiannually? Round to three decimal places and omit the dollar sign ( $ )

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