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Best Eastern has $1,000 face value bonds outstanding. These bonds pay interest semiannually, mature in 12 years, and have a 6 percent coupon. The yield

Best Eastern has $1,000 face value bonds outstanding. These bonds pay interest semiannually, mature in 12 years, and have a 6 percent coupon. The yield to maturity is 6.5%. What is its current price? Round your answer to two decimal places.

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