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Dufner Co. issued 14-year bonds one year ago at a coupon rate of 6.9%. The bonds make semiannual payments. If the YTM on these bonds

Dufner Co. issued 14-year bonds one year ago at a coupon rate of 6.9%. The bonds make semiannual payments. If the YTM on these bonds is 5.5% what is the current dollar price assuming a par value of $1,000?

(Do not round intermediate calculations and round your answer to 2 decimal places)

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