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Consider the following $ 1 , 0 0 0 face value bond which makes semi - annual coupon payments, Bond CIBC Coupon rate 8 %
Consider the following $ face value bond which makes semiannual coupon payments,
Bond CIBC
Coupon rate
Price
Maturity June
Settlement Date January
What is the total price you would pay for this bond? Enter your answer rounded to two decimal places.
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