What is the price of a bond with a par value of $ 1 , 0 0

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Question:

What is the price of a bond with a par value of $

1, 000,

an annual coupon of

3.57 %

that is paid semiannually,

1.32 %

discount rate and

10

years to maturity?

[

Round the final answer to the nearest cent

]

Posted Date: May 18, 2024 10:03 PM

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What is the price of a bond with a par value of $ 1 , 0 0

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