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Suppose we have a 3 year coupon bond with a face value of $5,000 that has a coupon rate of 10%. What is the present

Suppose we have a 3 year coupon bond with a face value of $5,000 that has a coupon rate of 10%. What is the present value of this bond assuming interest rates are 7%?

a.$5.393.6

b.$5,000

c.$4985.2

d.$6,510

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