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A bond that has a face value of $1,500 and coupon rate of 3.40% payable semi-annually was redeemable on July 1, 2021. Calculate the purchase

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A bond that has a face value of $1,500 and coupon rate of 3.40% payable semi-annually was redeemable on July 1, 2021. Calculate the purchase price of the bond on February 10,2015 when the yield was 3.90% compounded semi-annually. Round to the nearest cent

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