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Preference Hotels International Inc's 7 . 5 5 percent coupon bond of has a face value of $ 1 , 0 0 0 , a

Preference Hotels International Inc's 7.55 percent coupon bond of has a face value of $1,000, a maturity of 25 years, semiannual interest payments, and a yield to maturity of 8.46 percent. What is the current market price of the bond?

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