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Ford Motor Co. coupon bond has a coupon rate of 7%, and pays annual coupons. The next coupon is due tomorrow and the bond matures

Ford Motor Co. coupon bond has a coupon rate of 7%, and pays annual coupons. The next coupon is due tomorrow and the bond matures 37 years from tomorrow. The yield on the bond issue is 6.4%. At what price should this bond trade today, assuming a face value of $1000

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