Quantum Inc. offers a bond with quarterly coupon payments and a coupon rate of 8%. The yield-to-maturity
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Quantum Inc. offers a bond with quarterly coupon payments and a coupon rate of 8%. The yield-to-maturity is 5.76% and the maturity date is 4 years from now. What is the current price of this $1,000 face value bond? (Enter your answer rounded to two decimal places).
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