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Shana Norris wants to buy eight-year zero coupon bonds with a face value of $1000. Her yield to maturity is 5.85 percent. Assuming annual compounding,

Shana Norris wants to buy eight-year zero coupon bonds with a face value of $1000. Her yield to maturity is 5.85 percent. Assuming annual compounding, what would be the current market price of these bonds? (around your answer to the nearest dollar)

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