Question: You bought a 3 0 - year, 7 . 9 % semi - annual coupon bond today and the current market rate of return is

You bought a 30-year,
7.9%semi-annualcoupon bond today and
the current market rate of return is 5.5%. The bond is callable in
6 years with a $1,093 call premium. What price did you pay
for your bond?(Show your answer to nearest cent with no
comma. For example $1,378.565 is entered as 1378.57)

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