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Consider three 3-year maturity bonds; each bond has a face value of $100. All bonds mature on the same date. All bonds pay annual coupons
Consider three 3-year maturity bonds; each bond has a face value of $100. All bonds mature on the same date. All bonds pay annual coupons at the same point in time. The coupons and current prices for the three bonds are:
BondCOUPON PaymentCurrent PRICEA$11.000$102.898B$10.000PBC$9.000$90.305Based on the above information, what is the current price of of Bond B
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