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The Brunswick Company issues 15-year bonds, with an annual coupon rate of 8.3%, but pays coupons semi-annually. Calculate the price per $1,000 face value using

The Brunswick Company issues 15-year bonds, with an annual coupon rate of 8.3%, but pays coupons semi-annually. Calculate the price per $1,000 face value using an annual interest rate of 6.9%. Answer to the nearest cent.

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