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What is the fair value of a $1,000 face value, fixed coupon bond with a coupon rate of 3.4%, yield-to-maturity of 3.7%, semi-annual coupon payments
What is the fair value of a $1,000 face value, fixed coupon bond with a coupon rate of 3.4%, yield-to-maturity of 3.7%, semi-annual coupon payments and 8 years to maturity? Group of answer choices
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