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What price would you pay for a 3-year, BB bond with a Face Value of $1000 and semi-annual coupon rate of 8% Multiple Choice $1013.48

What price would you pay for a 3-year, BB bond with a Face Value of $1000 and semi-annual coupon rate of 8%

Multiple Choice

$1013.48

$1121.44

none of the above

$987.50

$1018.39

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