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Three year ago, you bought a bond of GM Corp. at the face value of $1,000 with 8-year to maturity and 8% of coupon rate

Three year ago, you bought a bond of GM Corp. at the face value of $1,000 with 8-year to maturity and 8% of coupon rate . Now the company has run into difficult times and the market yield on the bond has increased to 10%. You make decision to sell the bond. How much bond price you can sell?

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