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QUESTION 7 Haswell Enterprises bonds have a 22-year maturity, a 9.6% coupon, and a par value of $1,000. The going interest rate (rd) is 13.1%.

QUESTION 7 Haswell Enterprises bonds have a 22-year maturity, a 9.6% coupon, and a par value of $1,000. The going interest rate (rd) is 13.1%. Assuming semiannual compounding, what is the bond's price? Round to two decimal places (Ex: $000.00)

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