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Westover Ridge offers a 6 percent coupon bond with semiannual payments and a yield to maturity of 1 1 . 6 8 percent. The bonds

Westover Ridge offers a 6 percent coupon bond with semiannual payments and a yield to maturity of 11.68 percent. The bonds mature in 25 years. What is the market price per bond if the face value is $1,000?

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