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Hello, Can you answe this question? A 3-year bond with 10% coupon rate and $1,000 face value has an yield to maturity of 8% (APR).
Hello,
Can you answe this question?
A 3-year bond with 10% coupon rate and $1,000 face value has an yield to maturity of 8% (APR). Assuming annual interest payments, calculate the price of the bond.
Thanks,
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