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What is the market value of a 20-year bond with face value of $1000, which makes quarterly coupon payments at a coupon rate of 10%,

What is the market value of a 20-year bond with face value of $1000, which makes quarterly coupon payments at a coupon rate of 10%, if the required rate of return is 8% per year? Round off your final answer to three digits after the decimal point.

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