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What is the present value of the bond if you assume the following information for an existing bond that provides annual coupon payments: Par value

What is the present value of the bond if you assume the following information for an existing bond that provides annual coupon payments:

Par value = $5,000

Coupon rate = 3.25%

Maturity = 3 years

Required rate of return by investors = 3.45%

Group of answer choices

$4,669

$4,792

$4,972

$5,152

$5,251

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