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Gecko Incorporated bonds have a stated coupon rate of 5% and pay interest on an semi-annual basis, They mature in 14 years and have a

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Gecko Incorporated bonds have a stated coupon rate of 5% and pay interest on an semi-annual basis, They mature in 14 years and have a par value of 51.000. The market rate of interest is 5%. What is the value of Gecko bonds? (round to the nearest doliar)

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