Question: You just purchased a bond that has a face value of $1,000, matures in seven years and pays you a coupon rate of 9.50%. These

You just purchased a bond that has a face value of $1,000, matures in seven years and pays you a coupon rate of 9.50%. These coupons are paid at a semi-annual frequency and the yield to maturity on this bond is 9.30%. The price that you paid for this bond equals:

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