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bond price? Nungesser Corporation's outstanding bonds have a $1,000 par value, a 11% semiannual coupon, 7 years to maturity, and an 8% YTM. What is

bond price?

Nungesser Corporation's outstanding bonds have a $1,000 par value, a 11% semiannual coupon, 7 years to maturity, and an 8% YTM. What is the bond's price? Round your answer to the nearest cent.

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