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A zero-coupon bond has face value equal to 1000 and maturity in 18 months. Its yield-to-maturity if expressed as an EAR is equal to 5%.

A zero-coupon bond has face value equal to 1000 and maturity in 18 months. Its yield-to-maturity if expressed as an EAR is equal to 5%. What is the price of this bond? (Round your answer to two decimal digits)

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