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Westco Company issued 1 3 - year bonds a year ago at a coupon rate of 7 . 9 percent. The bonds make semiannual payments

Westco Company issued 13-year bonds a year ago at a coupon rate of 7.9 percent. The bonds make semiannual payments and have a par value of $1,000. If the YTM on these bonds is 6.2 percent, what is the current bond price in dollars?

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