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Given the following list of bond quotes from Bank of America, how much would it cost to buy the coupon bond issued by 3M that

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Given the following list of bond quotes from Bank of America, how much would it cost to buy the coupon bond issued by 3M that pays a 14% quarterly coupon and matures on September 1st 2025? Quote list from Bank of America Issuer name price coupon rate coupons per year Face value maturity date 95.23 0.25 2 $1,000 7/15/2065 3M 97.26 0.16 1 $1,000 3/1/2030 99.24 0.14 4 $1,000 9/1/2025 3M 98.62 0.09 2 $1,000 9/1/2080 Answer Format: INCLUDE ONLY NUMBERS AND DECIMALS IN YOUR ANSWER. Do not include "$""," or any other formatting. Carry computation to at least 4 decimals and round your final answer to 2 decimal places. Numerical values: Round to two decimals ######.## Percent values: enter as a percent rounded to 2 decimals for example 0.12345 should be entered as: 12.35% Positive Negative: NPV calculations must be entered as a positive or negative value all other computations must be entered as a positive number Given the following list of bond quotes from Bank of America, how much would it cost to buy the coupon bond issued by 3M that pays a 14% quarterly coupon and matures on September 1st 2025? Quote list from Bank of America Issuer name price coupon rate coupons per year Face value maturity date 95.23 0.25 2 $1,000 7/15/2065 3M 97.26 0.16 1 $1,000 3/1/2030 99.24 0.14 4 $1,000 9/1/2025 3M 98.62 0.09 2 $1,000 9/1/2080 Answer Format: INCLUDE ONLY NUMBERS AND DECIMALS IN YOUR ANSWER. Do not include "$""," or any other formatting. Carry computation to at least 4 decimals and round your final answer to 2 decimal places. Numerical values: Round to two decimals ######.## Percent values: enter as a percent rounded to 2 decimals for example 0.12345 should be entered as: 12.35% Positive Negative: NPV calculations must be entered as a positive or negative value all other computations must be entered as a positive number

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