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Suppose a firm issues bonds with a par value of $1,000, 10 years to maturity, and a coupon rate of 4.50%. If the yield to

Suppose a firm issues bonds with a par value of $1,000, 10 years to maturity, and a coupon rate of 4.50%. If the yield to maturity is 5.00%, what is the current price of the bond? Assume semiannual compounding. Round your answer to the nearest $0.01

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