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A 20-year $100 semiannual bond with a 5% coupon rate is trading at $105. What must be its three-month forward price if the financing rate

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A 20-year $100 semiannual bond with a 5% coupon rate is trading at $105. What must be its three-month forward price if the financing rate is 3.5%? O$97.48 O $101.55 $104.61 $106.32

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