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A three - year bond has an 1 0 percent coupon rate and a $ 1 , 0 0 0 face value. If the yield

A three-year bond has an 10 percent coupon rate and a $1,000 face value. If the yield to maturity on the bond is 12 percent, calculate the price of the bond assuming that the bond makes semiannual coupon payments.
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$950.83
$839.40
$1,000.00
$1,069.54
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