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Suppose a German company issues a bond with a par value of 1,000, 20 years to maturity, and a coupon rate of 6.6 percent paid

Suppose a German company issues a bond with a par value of 1,000, 20 years to maturity, and a coupon rate of 6.6 percent paid annually. If the yield to maturity is 7.7 percent, what is the current price of the bond?

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