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Nusmas Inc. issues 8 year bonds with a $1,000 face value and a 7% coupon rate. The bonds pay interest semi-annually and have a yield

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Nusmas Inc. issues 8 year bonds with a $1,000 face value and a 7% coupon rate. The bonds pay interest semi-annually and have a yield to maturity of 7.9%. Calculate the current price of Nusmas' bonds

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