On October 17, 2013, an 8 year Treasury Bond with a face value of $1,000.00, paying $20.00
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On October 17, 2013, an 8 year Treasury Bond with a face value of
$1,000.00, paying $20.00 in coupon payments per year had a discount rate per year (yield) of 2.35%. Consider a bond that paid a $35.00 coupon payment once per year. What is price of this annual payment bond?
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