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Global Corp is issuing bonds with a $1,000 par value that will mature in 14 years. The coupon rate is 3.25% If bonds of the

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Global Corp is issuing bonds with a $1,000 par value that will mature in 14 years. The coupon rate is 3.25% If bonds of the same risk currently trade with a yield to maturity of 5.0%, what is the value of the Global Corp bonds? Enter your answer as a positive number, to the nearest penny

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