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Latham Motors has a $1,000, 6.75 percent annual coupon bond outstanding with a yield to maturity of 6.65 percent.The bond matures in 10.5 years and

Latham Motors has a $1,000, 6.75 percent annual coupon bond outstanding with a yield to maturity of 6.65 percent.The bond matures in 10.5 years and pays interest semiannually.What is the current market price of this Latham bond?

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