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Syntex Inc. just issued a 5-year, 12% coupon bond. The bond has a par value of $1000 and makes SEMIANNUAL coupon payments. If investors require

Syntex Inc. just issued a 5-year, 12% coupon bond. The bond has a par value of $1000 and makes SEMIANNUAL coupon payments. If investors require a 10% return, what is the bond's price?

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