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Over the past year (from 1 year ago to today), the inflation rate was 4.31%, the risk-free rate was 5.85%, and the real rate of
Over the past year (from 1 year ago to today), the inflation rate was 4.31%, the risk-free rate was 5.85%, and the real rate of return for a bond was 3.67%. The bond was priced at $935.00 one year ago and $993.00 two years ago, pays annual coupons of $60.00, and just made a coupon payment. What is the price of the bond today?(Round the value to 100th decimal)
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