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You purchased a $1,000 bond paying a coupon rate of 7.0 percent 10 years ago. Comparable bonds that are new issues are paying a coupon

You purchased a $1,000 bond paying a coupon rate of 7.0 percent 10 years ago. Comparable bonds that are new issues are paying a coupon rate of 9.0 percent. You decide to sell your bond, what would the selling price be

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