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Question 2 of 4 A bond that has a face value of $2,500 and coupon rate of 3.80% payable semi-annually was redeemable on July 1,

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Question 2 of 4 A bond that has a face value of $2,500 and coupon rate of 3.80% payable semi-annually was redeemable on July 1, 2021. Calculate the purchase price of the bond on February 10, 2015 when the yield was 4.30% compounded semi-annually. Round to the nearest cent

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