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Several years ago, an investor bought a $1,000 face value, 12 percent coupon bond (interest paid semiannually) at par. Today the bond has 8 years

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Several years ago, an investor bought a $1,000 face value, 12 percent coupon bond (interest paid semiannually) at par. Today the bond has 8 years until it matures. Interest rates are now 11 percent. What is the price of the bond today? Enter your answer below as a positive number and without a dollar sign

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