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A bond, paying semi-annual coupons of 4% per annum, matures in 7 months time. The interest rate (with semi-annual compounding) for 1 month is 2.70%,

A bond, paying semi-annual coupons of 4% per annum, matures in 7 months time. The interest rate (with semi-annual compounding) for 1 month is 2.70%, while for 7 months, it is 3.20%. What is the dirty price of the bond?

$102.12

$100.16

$97.72

$106.08

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