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Calcuate the price of a 3-year maturity, $100 par bond with a 4% coupon paid annually using the spot curve below. 1y spot = 6.186%

Calcuate the price of a 3-year maturity, $100 par bond with a 4% coupon paid annually using the spot curve below.

1y spot = 6.186%

2y spot = 5.196%

3y spot = 5.637%

A) $99.216

B) $113.541

C) $98.671

D) $95.605

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