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Navarro, Inc., plans to issue new zero coupon bonds with a par value of $ 1 , 0 0 0 to fund a new project.

Navarro, Inc., plans to issue new zero coupon bonds with a par value of $1,000 to fund a new project. The bonds will have a YTM of 5.19 percent and mature in 20 years. If we assume semiannual compounding, at what price will the bonds sell? Please write the answer so it can be copied and pasted

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