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Roy Orbison wants to invest in a 3-year treasury bond with a 1.90% coupon interest rate. He'd like to earn a yield to maturity of
Roy Orbison wants to invest in a 3-year treasury bond with a 1.90% coupon interest rate. He'd like to earn a yield to maturity of 1.80%. The most he should pay her $100 in face value to earn this yield is:
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