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Consider the following $ 1 , 0 0 0 face value bond which makes semi - annual coupon payments, Bond HSBC Coupon rate 7 .
Consider the following $ face value bond which makes semiannual coupon payments,
Bond HSBC
Coupon rate
Price
Maturity December
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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