Question: It is now May 1 , 2 0 2 2 , and Mark has just purchased a five - year U . S . government

It is now May 1,2022, and Mark has just purchased a five-year U.S. government bond (FV = $1,000) with a quoted price of 93.870. Thisbond has a 9-percent coupon rate, and the last semi-annual coupon payment was made on January 1,2022.Had this been a Canadian government bond, what would be the cash price? (Round answer to 2 decimal places, e.g.1564.25.)

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