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Consider a five-year bond with a 7% coupon rate, semiannual coupons, and a face value of $1000. If this bonds yield to maturity (YTM) is

Consider a five-year bond with a 7% coupon rate, semiannual coupons, and a face value of $1000. If this bonds yield to maturity (YTM) is 8.20%, then what is the price for this bond? Round your answer to two decimal places.

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