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Consider the following $1,000 face value bond which makes semi-annual coupon payments, Bond HSBC Coupon rate 11% Price 96.93 Maturity June 1, 2030 Settlement Date
Consider the following $1,000 face value bond which makes semi-annual coupon payments,
| Bond | HSBC |
| Coupon rate | 11% |
| Price | 96.93 |
| Maturity | June 1, 2030 |
| Settlement Date | January 14, 2019 |
What is the total price you would pay for this bond? Enter your answer rounded to two decimal places.
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