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A three - year bond with $ 1 0 0 0 face - value and 1 0 % coupon rate is sold for $ 1
A threeyear bond with $ facevalue and coupon rate is sold for
$ today. If one year later the market interest rate increases to then
this bond will have a market price of next year.
A $
B $
C $
D $
the answer is C but i am not sure how to caculate it
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