Question: It is now May 1 , 2 0 2 2 , and Chris has just purchased a five - year U . S . government

It is now May 1,2022, and Chris has just purchased a five-year U.S. government bond (\( F V=\$ 1,000\)) with a quoted price of 93.831. This bond has a 6-percent coupon rate, and the last semi-annual coupon payment was made on January 1,2022.(a) Your answer is incorrect. How much will Chris pay for this bond? (Round answer to 2 decimal places, e.g.1564.25.) Bond price \$
It is now May 1 , 2 0 2 2 , and Chris has just

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