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Find the price of a $1000 issue of 5.25% bonds with annual coupons which will be redeemed in 10 annual installments at the end of

Find the price of a $1000 issue of 5.25% bonds with annual coupons which will be redeemed in 10 annual installments at the end of the 11th through the 20th years from the issue date at 105. The bonds are bought to yield 7% effective.

The answer is 857.11 please show the solution step by step.

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