Assume that you are considering the purchase of a 30-year, noncallable bond with an annual coupon rate of 12.0%. The bond has a face value of $1,000, and it makes semiannual interest payments. If you require an 10.0% nominal yield to maturity on this investment, what is the maximum price you should be willing to pay for the bond?

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		$1,000.00
		$838.39
		$1,189.29