What is the current market price of bond

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Hunter-Gratzner Enterprises has issued a bond that has the standard face value of $1000 and carries with it an annual coupon of $75. This bond will mature five years from now. The current yield is 6% and the nominal yield is 7.5%. The yield to maturity for this bond is 2.17%. (#59) What is the current market price of this bond? [Round off to the nearest whole dollar, use a "S" sign, comma optional.]

Reference no: EM133072867

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