Question: 3. A 10 year, $1,000 face value bond with an annual coupon rate of 6% and a yield to maturity of 3% sells for: approximately

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A 10 year, $1,000 face value bond with an annual coupon rate of 6% and a yield to maturity of 3% sells for: approximately $744.09 approximately $511.82 approximately $1,111.09 approximately $1,255.91 none of the above

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