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An investor buys a bond with a coupon rate of 6 % and a face value of $ 1 , 0 0 0 . The

An investor buys a bond with a coupon rate of

6 %

and a face value of $

1, 000 .

The bond is currently trading at a discount of

2 % .

How much did the investor pay for the bond?

980

1, 000

1, 020

992

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