Question: Need the right answer dont use AI The next three questions are based on the below information: You see a four-year bond trading in the

Need the right answer dont use AI

The next three questions are based on the below information: You see a four-year bond trading in the market with the following characteristics: $1,000 face value, 8% coupon with 4 years to maturity. Assume market interest rates are 9.5% and that coupon payments are annual. What is the bond's price (in \$\$)

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