Suppose that todays date is April 15. A bond with a 8% coupon paid semiannually...
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Suppose that todays date is April 15. A bond with a 8% coupon paid semiannually every January 15 and July 15 is quoted as selling at an ask price of 1,020.000. If you buy the bond from a dealer today, what price will you pay for it? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
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