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Westcorp has just issued 10,000 bonds. Each bond has a face value of $100, pays an annual coupon of 10% and has 10 years to

Westcorp has just issued 10,000 bonds. Each bond has a face value of $100, pays an annual coupon of 10% and has 10 years to maturity. With a market yield of 12% p.a. and rounding to three decimal places, price a bond.

		$56.502
		$88.700
		$100
		$107.582
		$112.289

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