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The date is September 12,2022 . Today, the market yield of AA-rated corporate bonds is 4.0%. Rawley-Smith, Inc. (RSI) has outstanding zero-coupon bonds that mature on September 11, 2028. The par value (or face value) of each bond is $1,000. The total par value (or face value) of the bond issue is $70 million. The market price of each RSI bond (with a par value of $1,000 ) today is