Question: Pullman Ltd issued 10-year bonds four years ago with a coupon rate of10.29percent, paid semiannually. At the time of issue, the bonds sold at par($1000).Market

Pullman Ltd issued 10-year bonds four years ago with a coupon rate of10.29percent, paid semiannually. At the time of issue, the bonds sold at par($1000).Market rate of interest on similar bonds is 8.84 percent and interest payments are made semiannually. The current market price of the company's bonds is $_____?

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