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Gugenheim, Inc., has a bond outstanding with a coupon rate of 6.0 percent and semi-annual payments. The yield to maturity is 7.3 percent and the

Gugenheim, Inc., has a bond outstanding with a coupon rate of 6.0 percent and semi-annual payments. The yield to maturity is 7.3 percent and the bond matures in 17 years. What is the market price if the bond has a par value of $1,000?

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