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ABC, Inc. has issued a 27-year bond with a par value of $1,000, coupon rate of 10.43%. The yield to maturity (YTM) is 5.60%. Assume

ABC, Inc. has issued a 27-year bond with a par value of $1,000, coupon rate of 10.43%. The yield to maturity (YTM) is 5.60%. Assume semi-annual payments. What is today's price of this bond?

Note: Enter your answer rounded off to two decimal points. Do not enter $ or comma in the answer box.

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