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| rev | Admin | (Created page with "You are given the following information with respect to a bond: *par value: 1000 *term to maturity: 3 years *annual coupon rate: 6% payable annually You are also given that the one, two, and three year annual spot interest rates are 7%, 8%, and 9% respectively. Calculate the value of the bond. <ul class="mw-excansopts"><li>906</li><li>926</li><li>930</li><li>950</li><li>1000</li></ul> {{soacopyright | 2023 }}") | Nov 19'23 at 18:52 | +417 |