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The yield-to-maturity (APR, semi-annually compounded) on a coupon bond with semi-annual coupon payments and a maturity of 12.5 years is 6%. The bonds have a

The yield-to-maturity (APR, semi-annually compounded) on a coupon bond with semi-annual coupon payments and a maturity of 12.5 years is 6%. The bonds have a face value of $1,000 and pay semi-annual coupons of $30. The next coupon is due in six month from today. What would be the price of one bond today? (Round to the nearest tenths)

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