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Pearl Inc. offers a 6.5% coupon bond with annual payments. The yield to maturity is 6.71% and the maturity date is 7 years from today.

Pearl Inc. offers a 6.5% coupon bond with annual payments. The yield to maturity is 6.71% and the maturity date is 7 years from today. What is the market price of this bond if the face value is $1,000? Show the calculations in detail.

Please do it Asap i need in 15 minutes

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