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Suppose you bought a 1 0 year coupon bond with par value $ 1 , 3 0 0 and coupon rate 4 . 5 %

Suppose you bought a 10 year coupon bond with par value $1,300 and coupon rate 4.5%. What is the market price of this bond two years later if the current yield is3.5%? State your answer as a number rounded to 2 decimal points (e.g. if you get $7.991353, write 7.99)

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