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1.Prices and yields In February 2015 Treasury 4.75% of 2041 offered a semiannually compounded yield to maturity of 2.70%. Recognizing that coupons are paid semiannually,

1.Prices and yieldsIn February 2015 Treasury 4.75% of 2041 offered a semiannually compounded yield to maturity of 2.70%. Recognizing that coupons are paid semiannually, calculate the bond's price.

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