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Calculate the price of a coupon-paying bond maturing in two years, where the bond has a face value of $100 000, yield of 7.5% p.a.

Calculate the price of a coupon-paying bond maturing in two years, where the bond has a face value of $100 000, yield of 7.5% p.a. and coupon rate of 7.5% p.a. Assume interest rates are paid half yearly and the last coupon payment has just been made. $98 887 $100 000 $98 566 $102 332

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