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A bond that matures in 7 years offers an annual coupon rate of 7% paid semi annually. At a market discount rate of 3%, the

A bond that matures in 7 years offers an annual coupon rate of 7% paid semi annually. At a market discount rate of 3%, the price of this bond per 100 of par value is closest to: 143.9, 106.6 or 112.54 (Must be one of these options)

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