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A bond has $ 9 4 0 0 0 face value and the coupon rate of the bond is 3 . 4 % ( APR
A bond has $ face value and the coupon rate of the bond is APR The VTM of the bond is What is the fair price of the bond assuming that the maturity of the bond is years and the bond pays coupon in every months?bond pays coupon in every months?
Give the answer in round numbers without presenting a $ sign.
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