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Consider a coupon bond that pays a coupon of 7 % annually. The par value is 1 0 0 and time until maturity 3 years.

Consider a coupon bond that pays a coupon of 7% annually. The par value is 100 and time until maturity 3 years.
The yield to maturity on this bond is 10%. Which of the following is most likely the price of this bond?
(See correct answer below)
17.41
100.00
107.46
92.54
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