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You are considering investing in an 10% coupon rate bond with a three-year maturity and a face value of $1000. You observe the following prices
You are considering investing in an 10% coupon rate bond with a three-year maturity and a face value of $1000. You observe the following prices for discount, or zero-coupon, bonds with face values of $100 : What is the price of the bond today? (please round your answer to the nearest penny)
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