Question: Bond A has the following features: Face value = $1,000, Coupon Rate = 5%, Maturity = 7 years, Yearly coupons The market interest rate is

Bond A has the following features: Face value = $1,000, Coupon Rate = 5%, Maturity = 7 years, Yearly coupons The market interest rate is 4.89% What is today's price of bond A

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