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Company XYZ has issued callable bonds with an earliest possible call date in 5 years. The face value of the callable bond is $1,000, fixed

Company XYZ has issued callable bonds with an earliest possible call date in 5 years. The face value of the callable bond is $1,000, fixed call price is $965, and annual coupon rate is 6%. If coupon payments are made every 6 month and investors demand a 5% yield to call, what is the bond price?

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