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Please help.Thank you Suppose a bond makes $60 coupon payments at the end of the next two years, at which time the face value of

Please help.Thank you

Suppose a bond makes $60 coupon payments at the end of the next two years, at which time the face value of $1000 is repaid. If the interest rate is

5 percent, then what is the present value of the bond?

The present value (PV) of the bond is ?

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