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ond A has the following features: Face value = $1,000, Coupon Rate = 3%, Maturity = 8 years, Yearly coupons The market interest rate is

ond A has the following features:

Face value = $1,000,

Coupon Rate = 3%,

Maturity = 8 years, Yearly coupons

The market interest rate is 3.84%

What is todays price of bond A?

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