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In 2009. you purchased a $1.000 par value corporate bond with an interest rate of 8 percent. Today, comparable bonds are paying 6.00 percent What

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In 2009. you purchased a $1.000 par value corporate bond with an interest rate of 8 percent. Today, comparable bonds are paying 6.00 percent What is the approximate dollar price for which you could sell your bond? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Approximate market value

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