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You bought a 13-year, 5.8% semi-annual coupon bond today and the current market rate of return is 4%. The bond is callable in 7 years

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You bought a 13-year, 5.8% semi-annual coupon bond today and the current market rate of return is 4%. The bond is callable in 7 years with a $1070 call premium. What price did you pay for your bond? (Show your answer to nearest cent with no comma. For example $1,378.565 is entered as 1378.57)

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