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A 10 percent, 3-year, semiannual coupon bond has a face value of $1,000. What is the current price of this bond if the market rate

A 10 percent, 3-year, semiannual coupon bond has a face value of $1,000. What is the current price of this bond if the market rate of return is 11.4 percent? (Please show work)

$965.25
$1,067.28
$1,066.20
$966.45

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