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As with most bonds, consider a bond with a face value of $ 1 , 0 0 0 . The bond's maturity is 6 years,

As with most bonds, consider a bond with a face value of $1,000. The bond's maturity is6 years, the coupon rate is11%paid semiannually, and the market yield(discount rate)is10%.What is the estimated value of this bond today?

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