Question: A $ 1 0 , 9 9 6 par value bond whose coupon rate is 4 . 3 % is purchased. If the investment represents

A $10,996 par value bond whose coupon rate is 4.3% is purchased. If the investment represents a current yield of 4.3%, compute the bond's market price at the time of the purchase.
Round your answer to the nearest dollar.

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