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Question 03: If you own a $1,000 face value bond with one year remaining to maturity and a 3 percent coupon rate and new bonds

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Question 03: If you own a $1,000 face value bond with one year remaining to maturity and a 3 percent coupon rate and new bonds are paying 9 percent, what is the most you can get for your old bond today if you try and sell it? See some ideas below for help [in the homework document]. A) $917.43 OB) $944.95 O C) $970.87 OD) $1,000

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