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It is May 1 . The quoted price of a bond with an Actual / Actual ( in period ) day count and 9 %
It is May The quoted price of a bond with an ActualActual in period day count and per annum coupon paid semiannually in the United States is It has a face value of and pays coupons on April and October What is the cash price? Round to two decimal places
Hint: There are days between April and May and days between April and October
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$
$
$
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