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What is the value of a bond that has a par value of $1000, that has a coupon rate of 9.98 percent (paid annually), and

What is the value of a bond that has a par value of $1000, that has a coupon rate of 9.98 percent (paid annually), and that matures in 6 years? Assume a required rate of return on this bond of 9.46 percent. Round the answer to two decimal places. $

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