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Fresh Water, Inc. sold an issue of 19-year $1,000 par value bonds to the public The bonds have a 8.30 percent coupon rate andpay interest

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Fresh Water, Inc. sold an issue of 19-year $1,000 par value bonds to the public The bonds have a 8.30 percent coupon rate andpay interest annually. The current market rate of interest on the Fresh Water, Inc. bonds is 9.02 percent What is the currentmarket price of the bonds?Round the answer to two decimal placesRound the answer to two decimal places

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