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A bond will pay you $45 interest at the end of every month and then the face value of the bond ($1,600) is repaid at

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A bond will pay you $45 interest at the end of every month and then the face value of the bond ($1,600) is repaid at maturity. What is the fair market value of bond today if it matures in 11 months and the market rate of return is 3.05% compounded monthly? $2,088.77$2,087.53$2,043.48$2,044.71

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