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A bond has a face value of 51000 a coupon rate of 7% and matures in 14 years. The spot price of the bond is

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A bond has a face value of 51000 a coupon rate of 7% and matures in 14 years. The spot price of the bond is $986.84. The bond pars semilinnual coupons and the next coupon is in 4 months. Calculate the forward price of a forward contract on the bond that matures in 19 months. The risk-free rate is 4.15%. (10pts) (A) 5943.5 (B) 51058.53 (0) 51485.54 (D) $1704.53 A bond has a face value of 51000 a coupon rate of 7% and matures in 14 years. The spot price of the bond is $986.84. The bond pars semilinnual coupons and the next coupon is in 4 months. Calculate the forward price of a forward contract on the bond that matures in 19 months. The risk-free rate is 4.15%. (10pts) (A) 5943.5 (B) 51058.53 (0) 51485.54 (D) $1704.53

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