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The following government bond is traded on the stock exchange: Face value= 4,000 Coupon rate=3.% Time to maturity=4 years Yield to maturity 1.2% What is

The following government bond is traded on the stock exchange:

Face value= 4,000

Coupon rate=3.%

Time to maturity=4 years

Yield to maturity 1.2%

What is the fair price of bond in %?

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