A $1000 bond pays semi-annual coupons of $30 every March 1 and September 1.It sells for $1043.76 on March 1,2015 to yield j₂ = 5%.If the bond is sold on June 18,2015,what is the market (clean)price.Q,of the bond on that day?

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The Answer of A $1000 bond pays semi-annual coupons of $30 every March 1 and September 1.It sells for $1043.76 on March 1,2015 to yield j₂ = 5%.If the bond is sold on June 18,2015,what is the market (clean)price.Q,of the bond on that day?

A $1000 Bond Pays Semi-Annual Coupons of $30 Every March