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The one-year spot rate is 3.5%, the two-year spot rate is 4.3% and the three-year spot rate is 5.1%. What is the price (per $100

The one-year spot rate is 3.5%, the two-year spot rate is 4.3% and the three-year spot rate is 5.1%. What is the price (per $100 of face value) of a 3-year bond paying a 7.7% annual coupon? Select one:

a. $107.288

b. $117.296

c. $107.067

d. $104.486

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