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A $5000 bond maturing at 103 on 10/1/2008 had semiannual coupons at 6%. Find the purchase price on 4/1/2001 to yield 6.2% compounded semiannually.

A $5000 bond maturing at 103 on 10/1/2008 had semiannual coupons at 6%.

Find the purchase price on 4/1/2001 to yield 6.2% compounded semiannually.

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