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Ford motor Co. coupon bond has a coupon rate of 6.55%, and pays annual coupons. The next coupon is due tomorrow and the bond matures
Ford motor Co. coupon bond has a coupon rate of 6.55%, and pays annual coupons. The next coupon is due tomorrow and the bond matures 30 years from tomorrow. The yield on the bond issue is 6.05%. At what price should this bond trade today, assuming a face value of 1,000.
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