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thomas elliot company's bonds mature in 10 years have par value of 1,000 and make an annual coupon interest payment based on an annual coupon

thomas elliot company's bonds mature in 10 years have par value of 1,000 and make an annual coupon interest payment based on an annual coupon rate of 6.5%. the market requires an interest rate of 5.24% on these bonds. what is the bonds price?

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