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B. The ins and outs of bond pricing (and how the bond market acts and reacts to macroeconomic forces) will be a part of almost

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B. The ins and outs of bond pricing (and how the bond market acts and reacts to macroeconomic forces) will be a part of almost everything we do in Econ 102 going forward. Let's then master our bond pricing skills even as we familiarize ourselves with terminology. What is the price of a bond that will mature in 1 year, has a face value of $100, has a coupon rate of 12%, and whose payments are discounted at 9%? a. $112.09 b. $109.12 C. $88.25 d. $102.75

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