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A bond pays coupons every three months and it has maturity in 3 years and coupon rate equal 3%. The bond has a face

A bond pays coupons every three months and it has maturity in 3 years and coupon rate equal 3%. The bond has a face value of 1000 SEK. What is the price of the bond if its yield is equal to 7% (expressed as an APR with quarterly compounding)?

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