Question: Current Attempt in Progress It is now May 1 , 2 0 2 2 , and Kenneth has just purchased a five - year U

Current Attempt in Progress It is now May 1,2022, and Kenneth has just purchased a five-year U.S. government bond (\(\mathrm{FV}=\$ 1,000\)) with a quoted price of 93.909. This bond has a 6-percent coupon rate, and the last semi-annual coupon payment was made on January 1,2022.(a) Your answer is incorrect. How much will Kenneth pay for this bond? (Round answer to 2 decimal places, e.g.1564.25.) Bond price \$
Current Attempt in Progress It is now May 1 , 2 0

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