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Suppose current market yield (investor discount rate) is 4 . What is the market pnce of a 5 year Coupon Bond with par valuo of

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Suppose current market yield (investor discount rate) is 4 . What is the market pnce of a 5 year Coupon Bond with par valuo of $3,000 and a 4% coupon fate. State your answer as i number rounded to 2 decimal points (eg if you get $7. 99135 3; wnte 7.99 )

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