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The ask yield on a 5 . 5 percent coupon Treasury bond maturing in eight years is 1 5 percent. If the face value is

The ask yield on a 5.5 percent coupon Treasury bond maturing in eight years is 15 percent. If the face value is $10,000, what should be the QUOTED price the bond today (use semiannual compounding)? Please show your work.
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