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What is the current price of a 5-year bond with a face value of $1000 and a coupon rate of 3%? Assume the current interest

What is the current price of a 5-year bond with a face value of $1000 and a coupon rate of 3%? Assume the current interest rate is 5%.

A. $821.56

B. $864.55

C. $891.41

D. $913.41

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