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1. What is the price of a 10% annual coupon bond, with $1000 face value, which matures in 3 years? Assume the required return of

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1. What is the price of a 10% annual coupon bond, with $1000 face value, which matures in 3 years? Assume the required return of 2.5%. Calculate the present value 2. What is the present value of a $1,000 bond that pays 6% interest and mature 5 in years

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