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Consider an annual 3year coupon bond paying a coupon rate of 8%. If it is1000 par and the YTM= .05(use at least 4 decimal places

Consider an annual 3year coupon bond paying a coupon rate of 8%. If it is1000 par and the YTM= .05(use at least 4 decimal places for this question)

A.What is the price of this bond?

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