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A 5-year bond has a face value of 100. The bond pays coupons semi-annually at a rate of 4%. The bond currently yields 5% p.a.

A 5-year bond has a face value of 100. The bond pays coupons semi-annually at a rate of 4%. The bond currently yields 5% p.a. effective in the market. Calculate the price of the bond Enter your answer as a decimal correct to 2 decimal places

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