Question: ( 1 point ) ( Exercise 6 . 1 9 ) A $ 1 0 0 0 par value 5 % bond with semiannual coupons

(1 point)(Exercise 6.19) A $1000 par value 5% bond with semiannual coupons matures
at par on October 15,2015. The bond is purchased on July 25,2003 to yield the investor
i(2)=10%. What is the purchase price (flat price)? Assume simple interest between
bond coupon dates and use an exact day count.
ANSWER =$
** ANSWER IS WRONG **
 (1 point)(Exercise 6.19) A $1000 par value 5% bond with semiannual

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