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A coupon bond pays $400 at the end of each year for 3 years, and at the maturity date in 3 years, in addition to

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A coupon bond pays $400 at the end of each year for 3 years, and at the maturity date in 3 years, in addition to the final coupon payment, the bond also makes a face value payout of $890. If the interest rate is 6% then this bond has a present value of $1,792.25 $1,801.15 $1,816.5 $1,838.40

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