Question: A $2000, 3.5% bond payable semi-annually is purchased 6 years and 4 months before maturity. If the market rate is 2.9% compounded semi-annually, what is

A $2000, 3.5% bond payable semi-annually is purchased 6 years and 4 months before maturity. If the market rate is 2.9% compounded semi-annually, what is the dirty price of the bond

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The feeling of boredom.

2. In this chapter, the reader should reflect on the following concepts: