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The Heller Company has a bond outstanding with a face value of $1000 that matures in 15 years. The bond certificate indicates that the stated

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The Heller Company has a bond outstanding with a face value of $1000 that matures in 15 years. The bond certificate indicates that the stated coupon rate for this bond is 8% and that the coupon payments are to be paid annually. If the fair market effective annual YTM on this bond is 6%. how much would you have to pay to buy this bond in the market? Round your answer to the nearest dollar

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