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HSB Enterprises issued a bond that pays semi-annual coupon payments, has a $1,000 face value and matures in 17 years. The bond has an annual

HSB Enterprises issued a bond that pays semi-annual coupon payments, has a $1,000 face value and matures in 17 years.

The bond has an annual 6.26 percent coupon with a yield to maturity of 11.29 percent. What is the current price of the bond? Answer should be formatted as a number with 2 decimal places (e.g. 999.99).

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