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Mercy. Corp. issued a 1 0 - year bond with a face value of $ 1 , 0 0 0 , coupon rate of 7

Mercy. Corp. issued a 10-year bond with a face value of $1,000, coupon rate of 7.2%, paid annually, and a yield to maturity of 8.2%. What is the current value of
bond? (Round your answer to TWO decimal places.)
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