Question: Hector just bought a 6 . 7 percent $ 1 , 0 0 0 bond that matures in 8 years, pays interest semiannually, and has

Hector just bought a 6.7 percent $1,000 bond that matures in 8 years, pays interest semiannually, and has a yield to maturity of 6.10 percent. How much dis Hector pay for this bond?

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