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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
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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 interest rate is 2.5%.
A. $1,022.85
B. $1,016.62
C. $989.31
D. $951.89
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