Sozio Informatics, Inc is planning to issue a $1,000 par value bond with a 5.5 percent coupon that is paid semi-annually (the coupon rate is 5.5%). The bond will mature in 12 years; the first coupon payment will occur six months from today. If the bond is priced to provide a 7.13% yield to maturity, at will price will the bond sell today?
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