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Madison, Inc. has a bond issue currently on the market that is trading for a price of $ 8 7 8 . 0 8 .

Madison, Inc. has a bond issue currently on the market that is trading for a price of $878.08. The bond has a face value of $1,000 and a coupon rate of 6.18. The bond's yield to maturity is 10.60%. What is the bond's expected price one year from now if the yield to maturity remains the same?
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