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Calculate the price of a coupon bond with a face value of $1,000, coupon rate of 9%, annual coupon payment, and 3 years to maturity,
Calculate the price of a coupon bond with a face value of $1,000, coupon rate of 9%, annual coupon payment, and 3 years to maturity, given that the inflation rate will be 3% and the real required return on similar bonds is 7.5%? Select one: 0 a $1,000.00 1.123.70 O c. $985.36 od 5957.64 el $1.039.01 % 3.46%
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