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The 4.23 percent bond of Panther Industries has a face value of $1,000, a maturity of 10 years, semiannual interest payments, and a yield to

The 4.23 percent bond of Panther Industries has a face value of $1,000, a maturity of 10 years, semiannual interest payments, and a yield to maturity of 5.90 percent. What is the current market price of the bond?

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