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Find the present value of a bond with a $2000 face value, which pays annual coupons of $70, starting one year from now, and matures

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Find the present value of a bond with a $2000 face value, which pays annual coupons of $70, starting one year from now, and matures in six years, given a stated annual interest rate of 8%, compounded quarterly. Select one: O a. $1,630 O b. $1,890 c. $1,475 O d. $1,565 e. $1,800

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