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3. Compute the price of a T-bond maturing in 2 years that has a semi-annual 6% coupon, a $14 million face value, and a yield

3. Compute the price of a T-bond maturing in 2 years that has a semi-annual 6% coupon, a $14 million face value, and a yield of 4%. State your answer in millions and round to 2 decimals using no symbols, commas, or formats. For example, a price of $4,256.93 should be entered as 4256.93

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