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A 3-year bond with 15% coupon rate and $1000 face value yields 6% APR. Assuming annual coupon payment, calculate the price of the bond. $1000.00

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A 3-year bond with 15% coupon rate and $1000 face value yields 6% APR. Assuming annual coupon payment, calculate the price of the bond. $1000.00 $951.96 $1240.57 O $857.96

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