A bond pays has a face value of $1000, has a 2 year maturity and pays an annual coupon of $100 eah year. If the zero-co

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answerhappygod
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A bond pays has a face value of $1000, has a 2 year maturity and pays an annual coupon of $100 eah year. If the zero-co

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A bond pays has a face value of $1000, has a 2 year maturity andpays an annual coupon of $100 eah year. If the zero-couponyield to maturity is 6% for 1 year and 7% for 2 years, the price ofthe bond is $_______ (round to 2 decimal places)
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