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A government bond issued in France has a coupon rate of 7 percent, a face value of 100 euros, and matures in five years. The

A government bond issued in France has a coupon rate of 7 percent, a face value of 100 euros, and matures in five years. The bond pays annual interest payments. Calculate the price of the bond (in euros) if the yield to maturity is 3.5 percent.

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