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Gugenheim, Inc. offers a 7.50 percent coupon bond with annual payments. The yield to maturity is 4.15 percent and the maturity date is 11 years.

Gugenheim, Inc. offers a 7.50 percent coupon bond with annual payments. The yield to maturity is 4.15 percent and the maturity date is 11 years. What is the market price of a $1,000 face value bond?

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