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Renfro rentals has issued bonds that have a 10% coupon rate, payable semi annually. The bonds mature in 8 years,

Renfro rentals has issued bonds that have a 10% coupon rate, payable semi annually. The bonds mature in 8 years, have a face value of $1000, and a yield to maturity of 8.5%. What is the price of the bonds?

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