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You are looking to purchase a bond with 6 years maturity, 7% coupon rate, annual coupons, and $100 face value trading at a yield to

You are looking to purchase a bond with 6 years maturity, 7% coupon rate, annual coupons, and $100 face value trading at a yield to maturity of 2.9%. What is the price of the bond? (please round your answer to the nearest penny)

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