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Consider the following $ 1 , 0 0 0 face value bond which makes semi - annual coupon payments, Bond:Bank 1 0 1 Coupon rate:

Consider the following $

1, 000

face value bond which makes semi

-

annual coupon payments,

Bond:Bank

101

Coupon rate:

7.5 %

Price:

101.25

Maturity: December

1, 2030

Settlement Date January

22, 2019

What is the total price you would pay for this bond?

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