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You purchased a bond at the end of 2022 at par. The bond pays a semi-annual coupon of 3% and has a 10 year maturity.

You purchased a bond at the end of 2022 at par. The bond pays a semi-annual coupon of 3% and has a 10 year maturity. The coupon payments are made at the end of June and the end of December. Rates have risen and the yield on the bond is now 6%. Assuming we are at the end of June 2023, what is the price of the bond with a $1,000 face value?

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