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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 2 4
As with most bonds, consider a bond with a face value of $ The bond's maturity is years, the coupon rate is paid annually, and the discount rate is
What should be the estimated value of this bond in one year?
Enter your answer in terms of dollars, rounded to the nearest cent.
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