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A bond with a par value of $1,000 has a quoted price of $982. The bond, which pays coupons semiannually, has a coupon rate of
A bond with a par value of $1,000 has a quoted price of $982. The bond, which pays coupons semiannually, has a coupon rate of 7.56 percent and has 2 months left to the next coupon payment date. Find the dirty price of this bond.
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