What is the market price for face value of bond

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Large Purple Dress Ind. has some bonds outstanding with a 6.25% coupon and four years remaining until maturity. Since these bonds were issued, interest rates have increased. These bonds are now trading at a 7.375% YTM. Remember, these are Taiwanese bonds, NOT American. What is the market price for $1000 face value of this bond?

Reference no: EM132392776

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