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QLD Ltd. issued a long-term corporate bond that pays 6.5% coupon on a quarterly basis. The bond has a YTM of 3.5% and will mature
QLD Ltd. issued a long-term corporate bond that pays 6.5% coupon on a quarterly basis. The bond has a YTM of 3.5% and will mature at the end of September 2031. What is the value of this bond at the end of April, 2020?
(Round your final answers to 3 decimal places)
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