Question: A bond with two years remaining until maturity offers a 3 % coupon rate with interest paid annually. At a market discount rate of 4

A bond with two years remaining until maturity offers a 3% coupon rate with interest paid annually.
At a market discount rate of 4%, the price of this bond per 100 of par value is closest to:
A.95.34.
B.98.00.
C.98.11

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