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Part $1$

Suppose that General Motors Acceptance Corporation issued a bond with $10$ years until$$ maturity, a face value of $$$$1$ comma $000,$ and a coupon rate of $7\mathrm{.}9\%($annual payments$).$ The yield to maturity on this bond when it was issued was $6\mathrm{.}5\%.$ Assuming the yield to maturity remains$$ constant, what is the price of the bond immediately before it makes its first coupon$$ payment?