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Fresh Food, Inc. sold an issue of 8-year $1,000

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Fresh Food, Inc. sold an issue of 8-year $1,000 par value bonds to
the public. The bonds have a 7.45 percent coupon rate and pay interest annually. The current market rate of interest on the Fresh Food, Inc. bonds is 11.92 percent. What is the current market price of the bonds?
Round the answer to two decimal places.

 
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