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Calculate the purchase price of the $1,000 face value bond using the information given below. (Round your answer to the nearest cent.) Assume that: -

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Calculate the purchase price of the $1,000 face value bond using the information given below. (Round your answer to the nearest cent.) Assume that: - Bond interest is paid semiannually. - The bond was originally issued at its face value. - Bonds are redeemed at their face value at maturity. - Market rates of return are compounded semiannually

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