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A bond has $ 86000 face value and the coupon rate of the bond is 4.6 % (APR). The YTM of the bond is 7.5

A bond has $ 86000 face value and the coupon rate of the bond is 4.6 % (APR). The YTM of the bond is 7.5 %. What is the fair price of the band assuming that the

maturity of the bond is 6 years and the bond pays coupon in every 4 months?

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