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A$1000 bond with 7% semiannual coupons matures at par on July 17, 2025. Coupon dates are January 17 and July 17. Hannah purchased this bond

A$1000 bond with 7% semiannual coupons matures at par on July 17, 2025. Coupon dates are January 17 and July 17. Hannah purchased this bond on October 21, 2012 to yield a nominal rate of 6% compounded semiannually.

Find the purchase price using the 30/360 method to compute the accrued interest.

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A $1000 bond with 7% semiannual coupons matures at par on July 17, 2025. Coupon dates are January 17 and July 17. Hannah purchased this bond on October 21, 2012 to yield a nominal rate of 6% compounded semiannually. Find the purchase price using the 30/360 method to compute the accrued interest. Possible Answers A 1063.15

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