Consider the following $1,000 face value bond which makes semi annual coupon payments Bond CIBC Coupon rate 6 Price 102 89 Maturity June 1, 2030 Settlement Date January 14, 2019 Required 1) What is the total price you would pay for this bond Enter your answer rounded to two decimal places

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Consider the following $1,000 face value bond which makes semi-annual coupon payments: Bond CIBC Coupon rate 6% Price 102.89 Maturity June 1, 2030 Settlement Date

Consider the following $1,000 face value bond which makes semi-annual coupon payments:

Bond	CIBC
Coupon rate	6%
Price	102.89
Maturity	June 1, 2030
Settlement Date	January 14, 2019

Required:

1) What is the total price you would pay for this bond? Enter your answer rounded to two decimal places?

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