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Show work A 6 percent $1,000 bond matures in 8 years, pays interest semiannually, and has a yield to maturity of 6.85 percent. What is

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A 6 percent $1,000 bond matures in 8 years, pays interest semiannually, and has a yield to maturity of 6.85 percent. What is the current market price of the bond?

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