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Extra Credit: Four years ago, you purchased a $1,000 par value corporate bond with a coupon Interest rate of 6.0 percent. Today comparable bonds are

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Extra Credit: Four years ago, you purchased a $1,000 par value corporate bond with a coupon Interest rate of 6.0 percent. Today comparable bonds are paying 5.0 percent. What is the approximate dollar price for which you could sell your bond? (Round your answer to 2 decimal places.) Approximate market value

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