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Exactly three years ago, The First Ginger Corporation issued 10-year bonds at an annual coupon rate of 3 percent.The face value of the bonds is

Exactly three years ago, The First Ginger Corporation issued 10-year bonds at an annual coupon rate of 3 percent.The face value of the bonds is $1,000 and the bonds make semiannual coupon payments. If the yield to maturity on these bonds is now 3.6 percent, what should be the current price of the bonds?

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