Question: Please write out step by step process and formulas used ( NOEXCEL) Consider the following ( $ 1,000 ) face value bond which makes semi-annual

Please write out step by step process and formulas used ( NOEXCEL) Consider the following $ \$ 1,000 $ face value bond which makes semi-annual coupon payments, What is the total price you would pay for this bond? Enter your answer rounded to two decimal places. 2 answers

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