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Your grandmother just gave you various bonds as follows: Two zero - coupon government bonds that each have a $ 1 , 0 0 0

Your grandmother just gave you various bonds as follows: Two zero-coupon government bonds that each have a $1,000 face value with 10 years left to maturity and a 5% required rate of return (YTM). Three corporate bonds that each have a $1,000 face value and a 5% coupon rate per year that is paid semi-annually. The corporate bonds have 10 years left to maturity and a 15% per year required rate of return (YTM).
What is the value of one of the described corporate bonds?
Enter your estimate as a positive number stated to the nearest penny (i.e., round to two decimal places). Do not enter any commas.

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