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A five-year bond has a yield to maturity of 1%, a face value of $1,000, and pays annual coupons at a rate of 2%. Compute

A five-year bond has a yield to maturity of 1%, a face value of $1,000, and pays annual coupons at a rate of 2%. Compute its price today; its price the instant before the first coupon is payed; and its price the instant after the first coupon is payed. Assume that its yield to maturity stays at 1%.

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