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What is the Price of a bond that pays its coupon 3% annualy and has a discount of 4% with the principal paid at the
What is the Price of a bond that pays its coupon 3% annualy and has a discount of 4% with the principal paid at the end ( assume Principal is 100). Mark the closest answer up 2 decimals. (Note: Maturity not given, I think it's 10 years.)
Answers:
98.11
96.12
95.45
97.22
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