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A bond with a coupon rate of 7 . 3 0 % has a price that today equals $ 8 6 8 . 9 2
A bond with a coupon rate of has a price that today equals $ The $ face value bond pays coupon every months, coupons remain, and a coupon was paid yesterday. Suppose you buy this bond at today's price and hold it so that you receive coupons. You sell the bond upon receiving that last coupon. Find the selling price if the bond's YTM remains constant.
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