Question: Consider the following $ 1 , 0 0 0 face value bond which makes semi - annual coupon payments, Bond CIBC Coupon rate 5 %

Consider the following $1,000 face value bond which makes semi-annual coupon payments,
Bond CIBC
Coupon rate 5%
Price 101.96
Maturity June 1,2030
Settlement Date January 2,2019
What is the total price you would pay for this bond? Enter your answer rounded to two decimal places.

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