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Question 14 5 pts Suppose you came into some money and looking for a bond to invest in. You found a $1,000, with 4

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Question 14 5 pts Suppose you came into some money and looking for a bond to invest in. You found a $1,000, with 4 years left to maturity bond. If the bond has an annual coupon rate of 8% but pays interest semi-annually and you require a 11% return on your investment, then how much are you willing to pay for the bond? (Round your answer to two decimal point)

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