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A bond is issued at a price of $200and pays a interest of $18 per year for the next 20 years. If the interest rate

A bond is issued at a price of $200and pays a interest of $18 per year for the next 20 years. If the interest rate in the market is 7% and the bond is redeemed for a price of $230 then what is the price of the bond today?

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