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In Nov 2021, the GSecs maturing in Nov 2026 offered a coupon of 8.2% per annum paid semi-annually. Calculate the price of the security if

In Nov 2021, the GSecs maturing in Nov 2026 offered a coupon of 8.2% per annum paid semi-annually. Calculate the price of the security if the yield-to-maturity is 7.05%.

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