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A 6 % semiannual coupon bond has 8 years until maturity. Its quoted price is 1 0 7 . 5 0 . If its YTM

6 %

semiannual coupon bond has

8

years until maturity. Its quoted price is

107.50 .

If its YTM stays constant, what should be its quoted price

1

year from now?

(

Round to the nearest hundredth and do not enter a dollar or percent sign

)

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