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IBM s bonds have 9 years and 6 months remaining to maturity. Interest is paid semi - annually, with the first coupon payment due 6
IBMs bonds have years and months remaining to maturity. Interest is paid semiannually, with the first coupon payment due months from today. The bonds have a $ par value, coupon interest rate of and a yield to maturity of Find the price of the bond today.
Price $ Round your answer to two decimal places
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