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. A bond off ers an annual coupon rate of 5 % , with interest paid semiannually. Th e bondmatures in seven years. At a

. A bond off ers an annual coupon rate of 5%, with interest paid semiannually. Th e bondmatures in seven years. At a market discount rate of 3%, the price of this bond per 100 ofpar value is closest to:A .106.60. B .112.54. C .143.90.

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