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You are considering buying a coupon bond that pays annual coupons with the following characteristics. The bond has a face value of F =

You are considering buying a coupon bond that pays annual coupons with the following characteristics. The bond has a face value of F = $100, has a coupon rate of 10%, and matures in 2 years. Your broker tells you that the yield-to-maturity of this bond is 5.6%. What is the price of the bond?

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