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Tameka purchased a Treasury bond with a coupon rate of 3 . 8 5 % p . a . , payable half - yearly, and
Tameka purchased a Treasury bond with a coupon rate of pa payable halfyearly, and face value of $ The maturity date of the bond is April
a Kyah plans to purchase Tameka's Treasury bond on April What price will Kyah pay rounded to four decimal places Assume a yield of pa compounded halfyearly. The correct answer is:
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