Number of periods = 30 * 2 = 60
Rate = 5.5% / 2 = 2.75%
Coupon = (8% of 1000) / 2 = 40
Price = Coupon * [1 - 1 / (1 + r)^n] / r + FV / (1 + r)^n
Price = 40 * [1 - 1 / (1 + 0.0275)^60] / 0.0275 + 1000 / (1 + 0.0275)^60
Price = 40 * [1 - 0.196377] / 0.0275 + 196.376795
Price = 40 * 29.22655 + 196.376795
Price = $1,365.28
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