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Assume that a bond makes 2 0 equal annual payments of $ 2 , 0 0 0 starting one year from today. The bond will

Assume that a bond makes 20 equal annual payments of $2,000 starting one year from today. The bond will make an additional payment of $100,000 at the end of the last year, year 20.(This security is sometimes referred to as a coupon bond.)
If the discount rate is 3% per annum, what is the current price of the bond?

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