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What is the sale price per $1,000 in face value that you would get for this bond? * 2 year, 3% annual coupon bond. *
What is the sale price per $1,000 in face value that you would get for this bond?
* 2 year, 3% annual coupon bond.
* Each bond pays 3% coupon every year at the end of the year.
* There is no risk default
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