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The yield to maturity of a $ 1 , 0 0 0 bond with a 6 . 9 % coupon rate, semiannual coupons, and two

The yield to maturity of a $1,000 bond with a 6.9% coupon rate, semiannual coupons, and two years to maturity is 8.7% APR, compounded semiannually. What is its price?
The price of the bond is $
(Round to the nearest cent.)
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