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Bond valuation Callaghan Motors bonds have 6 years remaining to maturity. Interest is paid annually, they have a $1,000 par value, the coupon interest rate

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Bond valuation Callaghan Motors" bonds have 6 years remaining to maturity. Interest is paid annually, they have a $1,000 par value, the coupon interest rate is 8%, and the yield to maturity is 6%. What is the bond's current market price? Round your answer to the nearest cent. $

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