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What is the current price of a $1,000 par value bond maturing in 6 years with a coupon rate of 16.41%, paid semiannually, that has
What is the current price of a $1,000 par value bond maturing in 6 years with a coupon rate of 16.41%, paid semiannually, that has a YTM of 11.73%? Round your answer to the 2 decimal places.
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