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A five-year bond with a 4% coupon and face value of 100. What is its price at a yield-to-maturity of: 3% 4% 5%

A five-year bond with a 4% coupon and face value of 100. What is its price at a yield-to-maturity of:

  1. 3%
  2. 4%
  3. 5%

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