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Suppose that a 16-year bond with a face value of 1000 dollars is redeemable at par and earns interest at 9.5 percent convertible semiannually. If

Suppose that a 16-year bond with a face value of 1000 dollars is redeemable at par and earns interest at 9.5 percent convertible semiannually. If the yield rate is 7 percent convertible semiannually, what is the book value immediately before the payment of the 15th coupon?

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