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A corporate bond offers a 6 . 9 % coupon rate and has 3 years remaining to maturity. Interest is paid annually. The following rates

A corporate bond offers a 6.9% coupon rate and has 3 years remaining to maturity.
Interest is paid annually. The following rates are from the benchmark spot curve:
Time Spot Rate
1 year 3.9%
2 years 4.4%
3 years 5.5%
If the bond is trading at a Z spread of 131 bps, what is the price of the bond, per $100 of par value?

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