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EZ Mart (a chain of convenience stores) issues a 8.74% coupon bond with a maturity of 17 years which makes annual interest payments. The face

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EZ Mart (a chain of convenience stores) issues a 8.74% coupon bond with a maturity of 17 years which makes annual interest payments. The face value of the bond, payable at maturity, is $1,000. What is the value of this bond if your required rate of return is 5.32%. Please enter your answer to the nearest cent

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