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Microhard has issued a bond with the following characteristics: Par: $ 1 , 0 0 0 Time to maturity: 1 1 years Coupon rate: 9

Microhard has issued a bond with the following characteristics:
Par: $1,000
Time to maturity: 11 years
Coupon rate: 9 percent
Semiannual payments
Calculate the price of this bond if the YTM is (Do not round intermediate calculations and round your answers to 2 decimal places, e.g.,32.16.):

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