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Suppose you own a bond maturing in 3 years with a face value of $1000 and a coupon rate of 2.5%.If the current interest rate
Suppose you own a bond maturing in 3 years with a face value of $1000 and a coupon rate of 2.5%.If the current interest rate is 1.8%, how much would you receive if you want to sell this bond now?Keep you answer to 2 decimal places
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