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Yan Yan Corp. has a $2,000 par (yes, this is not a typo: really is $2,000) bond outstanding with a coupon rate of 4.9 percent

Yan Yan Corp. has a $2,000 par (yes, this is not a typo: really is $2,000) bond outstanding with a coupon rate of 4.9 percent paid semiannually and 13 years to maturity. The yield to maturity on these bonds is 3.8 percent. What is the dollar price of the bond?

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