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You intend to invest in a 3-year 10% coupon bond with a par value of $1000. The bond makes semi- annual coupon payments. The yield

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You intend to invest in a 3-year 10% coupon bond with a par value of $1000. The bond makes semi- annual coupon payments. The yield to maturity of the bond is 12% p.a. What is the present value of all the coupon payments of the bond? O 245.87 O 704.96 950.83 951.96

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