Question: Hi could you please help with the below question. A bond with a face value of $1600 pays half yearly interest at 6% pa compounding

Hi could you please help with the below question.

A bond with a face value of $1600 pays half yearly interest at 6% pa compounding half yearly, and 6 years to maturity. The next interest payment is due in exactly half a year.

What is the price required to yield 2% pa compounded half yearly?

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