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Consider a 100-day forward contract on an 8% semi-annual coupon bond with a spot price of $1,310. This bond has just paid a coupon and

Consider a 100-day forward contract on an 8% semi-annual coupon bond with a spot price of $1,310. This bond has just paid a coupon and will make another coupon payment in 120 days. The annual risk-free rate is 5.0%. The price of this 100-day forward contract is $

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