What is the cash settlement

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It is August 1, 2017. A specific U.S. Government Bond has a 5%, semi-annual coupon, a maturity of October 1, 2020, YTM of 8%, face value of $1,000 and pays coupons on April 1 and October 1. What is the cash settlement $ price, including accrued interest using the semi-annual YTM rate__________-?

Reference no: EM132061342

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