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1. What is the price of a 10% annual coupon bond, with $1000 face value, which matures in 3 years? Assume the required return
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Answer #1

Given Face Value $ 1000 Coupon = Face Value X Coupon Rate = $ looox 10% $100 ed Ream = 2.5% = 0.025 . No. of year = n = 3 yea

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