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You bought a bond 14 years ago. The bond, which has a $1,000 face value and a coupon rate equal to 12 percent, matures in

You bought a bond 14 years ago. The bond, which has a $1,000 face value and a coupon rate equal to 12 percent, matures in six years (from today). Interest is paid semiannually. If the required rate of return is 10 percent, the current market value (price) of the bond is

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