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You want to purchase a bond with the face value of $1,000 and a coupon of 6% paid semi-annually. Assume that this bond has a

You want to purchase a bond with the face value of $1,000 and a coupon of 6% paid semi-annually. Assume that this bond has a yield to maturity of 10% and a term to maturity of 9 years. What is the current price of the bond? Assume that the last coupon has just been paid.

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