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The answer must be rounded-up to 2 decimals and the $ sign must be written. Example: $1.20 Help an investor who bought a one-year BOND.

The answer must be rounded-up to 2 decimals and the $ sign must be written. Example: $1.20 Help an investor who bought a one-year BOND. What is the price of the bond today If the interest rate is 3%.

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