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In November 2 0 2 0 , Treasury 3 7 / 8 s of 2 0 3 7 offered a semiannually compounded yield to maturity
In November Treasury s of offered a semiannually compounded yield to maturity of Recognizing that coupons are paid semiannually, calculate the bond's price. Assume face value is $
Note: Do not round intermediate calculations. Round your answer to decimal places.
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