What is the forward price for this bond

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Question - Consider a quarterly coupon bond having a face value (principal) of £100.00 and pays a coupon of 6% per annum. The current price for the bond is £114. What is the 12 - month forward price for this bond assuming that the interest rate for all maturities of 1 years or less is 8%?

Reference no: EM132780231

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