Question: It is April 7 , 2 0 2 2 . The quoted price of a U . S . government bond with a 6 %

It is April 7,2022. The quoted price of a U.S. government bond with a 6% per annum coupon (paid semiannually) is 12000. The bond matures on July 27,2033. What is the cash price? How does your answer change if it is a corporate bond?

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