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BOND VALUATION Nungesser Corporation's outstanding bonds have a $1,000 par value, a 7% semiannual coupon, 10 years to maturity, and an 8% YTM. What is

BOND VALUATION Nungesser Corporation's outstanding bonds have a $1,000 par value, a 7% semiannual coupon, 10 years to maturity, and an 8% YTM. What is the bond's 'price? Round to TWO decimal places.

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