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An investor purchases a 6-year, $1,000 par value bond that pays semiannual interest of $45. If the semiannual market rate of interest is 6%, what

An investor purchases a 6-year, $1,000 par value bond that pays semiannual interest of $45. If the semiannual market rate of interest is 6%, what is the current market value of the bond?

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