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1. A U.S. Government T-Note with a 3-year maturity has a coupon rate of 7% and a face value of $1,000. The coupons are paid

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1. A U.S. Government T-Note with a 3-year maturity has a coupon rate of 7% and a face value of $1,000. The coupons are paid annually and the next coupon is due in one year. Using the Treasury spot rates given in the table below, what is the price of the coupon bond? Treasury Spot Rates Term Rate t = 1 8.86% t=2 5.11% t = 3 4.32% The price of the coupon bond is $ (Round to the nearest cent.) Consider an annual coupon bond with a face value of $100, 15 years to maturity, and a price of $92. The coupon rate on the bond is 6%. If you can reinvest coupons at a rate of 2% per annum, then how much mor do you have if you hold the bond to maturity? The total proceeds from holding the bond to maturity are $(Round to the nearest cont.)

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