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A Ford Motor Co . coupon bond has a face value of $ 1 0 0 , a coupon rate of 2 % , and

A Ford Motor Co. coupon bond has a face value of $100, a coupon rate of 2%, and pays annual coupons. The next coupon is due tomorrow and the bond matures 15 years from tomorrow. The yield on the bond issue is 3.282%. What is the fair price for the bond today?
Round your answer to the nearest whole dollar.

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