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You are analyzing a 4 - year coupon bond ( annual coupons ) . It has a coupon rate of 9 % and a face

You are analyzing a

4 -

year coupon bond

(

annual coupons

) .

It has a coupon rate of

9 %

and a face value of $

1, 000 .

What is the price of this bond if the discount rate is

3.35 % ?

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