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What is the most we should pay for a bond with a par value of $ 1 0 0 0 , coupon rate of 8

What is the most we should pay for a bond with a par value of $1000, coupon rate of 8.6% paid annually, and a remaining life of 21 years? The yield to maturity is 11.0%. Assume annual discounting. (Round your answer to the nearest penny.)
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