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In November 2019 you purchase a 1 year Government bond with a $3,000 face value. The bond has an annual coupon rate of 4% paid

In November 2019 you purchase a 1 year Government bond with a $3,000 face value. The bond has an annual coupon rate of 4% paid semi-annually. If the required rate of return is 8% what is the price of the bond

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