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Assume that you have a $100 bond that pays coupons of 8.1% on a quarterly basis, with a maturity at the end of Sep 2032.

Assume that you have a $100 bond that pays coupons of 8.1% on a quarterly basis, with a maturity at the end of Sep 2032. The yield for the bond is currently at 6.8% p.a., compounded quarterly. 


Calculate the clean price for this bond at the end of July 2017. (Round your answer in dollars to 2 decimal places, e.g. put 1204.42 if your answer is 1204.4243.)

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