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The function s(t) = 0.05 + 0.008t gives the effective annual rate of a zero coupon bond of maturity, with t in years. Find the

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The function s(t) = 0.05 + 0.008t gives the effective annual rate of a zero coupon bond of maturity, with t in years. Find the price of a 2 year coupon bond with semiannual coupons of 7% and a face/redemption value of $400,000 Answer correct to 2 decimals

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