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Major Inc. issued 10-year 6% annual coupon bonds with a $1000 par value each 5 years ago. Currently, the yield to maturity on the Major

Major Inc. issued 10-year 6% annual coupon bonds with a $1000 par value each 5 years ago. Currently, the yield to maturity on the Major Inc. is 9.5%. Given this information, what is the price today for a Major Inc. bond?

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