Over the past year from 1 year ago to today the inflation


Over the past year (from 1 year ago to today), the inflation rate was 4.29 percent, the risk-free rate was 5.64 percent, and the real rate of return for a bond was 5.15 percent. The bond was priced at one year ago and 1, 159.17 dollars one year ago and 1, 169.96 dollars two years ago, pays annual coupons of 44.6 dollars, and just made a coupon payment. What is the price of the bond today?

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Financial Management: Over the past year from 1 year ago to today the inflation
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