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Assume a corporation's bond has 18 years remaining until maturity. The coupon interest rate is 9% and the bond pays interest semi-annually. Assume bond investors'

Assume a corporation's bond has 18 years remaining until maturity. The coupon interest rate is 9% and the bond pays interest semi-annually. Assume bond investors' required rate of return on the bond is 9.8%. What would be the expected market price of this bond. (Assume a $1000 par value.)Answer to 2decimal places.

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