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Consider a two-year, 3.5 percent coupon bond with the face value of $1,000 issued by a private corporation. Calculate the price of this bond when

Consider a two-year, 3.5 percent coupon bond with the face value of $1,000 issued by a private corporation. Calculate the price of this bond when the interest rate is 5 percent.

(Please specify your calculation; not only the final answer)

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