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Bigbie Corp. issued a three-year bond a year ago with a coupon of 8 percent. The bond pays interest semiannually. If the yield to maturity

Bigbie Corp. issued a three-year bond a year ago with a coupon of 8 percent. The bond pays interest semiannually. If the yield to maturity on this bond is 7.2 percent, what is the price of the bond? Round your answer to 2 decimal places.

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