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In November 2017, 2042 Treasuries offered 4 5/8s yields of 2.74% to six-month compound maturity. Calculate the price of the bond, assuming that coupons are

In November 2017, 2042 Treasuries offered 4 5/8s yields of 2.74% to six-month compound maturity.

Calculate the price of the bond, assuming that coupons are paid semi-annually. Assume the face value is $1,000. (Do not round intermediate calculations. Round your answer to 2 decimal places.)

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