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A gov bond pays a coupon of 5.5% monthly, has a face value of 1000 and is due to mature in 9.5 years. if the
A gov bond pays a coupon of 5.5% monthly, has a face value of 1000 and is due to mature in 9.5 years. if the current interest rate is 9.8% compounded monthly, what is the current price of the bond? (to 2 decimal place)
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