Question: Stranger Things, Corp. has a $1,000 face value bond. This bond has a coupon rate of 6.9 percent paid annually and 15 years to maturity.

Stranger Things, Corp. has a $1,000 face value bond. This bond has a coupon rate of 6.9 percent paid annually and 15 years to maturity. The yield to maturity on this bond is 7.8 percent. What is the price of this bond

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