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What is the price of a 3 year coupon bond with a face value of $1,000, and a coupon rate of 3.3% ? The market

  1. What is the price of a 3 year coupon bond with a face value of $1,000, and a coupon rate of 3.3% ? The market interest rate is 2.5%.

    A.

    $1,022.85

    B.

    $1,016.62

    C.

    $989.31

    D.

    $951.89

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