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what is the fair price for the $1000 par value 10-year bond, which was issued 3 years ago and carries coupon rate of 3,50%. coupon

what is the fair price for the $1000 par value 10-year bond, which was issued 3 years ago and carries coupon rate of 3,50%. coupon is paid semi-annually. investors required rate of return for similar securities is 2,50%

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