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You have purchased a corporate bond with the settlement date

/in /by

You have purchased a corporate bond with the settlement date on October
15 with the face value of $1000 and the coupon rate 5.68%, that has a listed price of 89.529 and that pays interest semiannually on February 15 and August 15. Accrued interest is determined using 30/360 convention. How much must you pay for the bond?

 
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