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Suppose you are thinking about buying Boeing's 6- year $1,000 par value bond with a 9% coupon. Interest on this bond is paid annually. If
Suppose you are thinking about buying Boeing's 6- year $1,000 par value bond with a 9% coupon. Interest on this bond is paid annually. If your required rate of return is 8% annually. How much should you pay for the bond? Round your answer to two decimal points.
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