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Compute the price of a 15-month forward on a coupon bond worth$1,000 that pays a 5.6% coupon semiannually. The next coupon is tobe paid in

Compute the price of a 15-month forward on a coupon bond worth$1,000 that pays a 5.6% coupon semiannually. The next coupon is tobe paid in four months. Assume the risk-free rate is 3.5%.(SHOW STEP- 2 answers

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