Question: 3. Assume the following information for an existing bond that provides semi-annual coupon payments: Par value = $1,000, Coupon rate = 8%, Maturity =

3. Assume the following information for an existing bond that provides semi-annual coupon payments: Par value = $1,000, Coupo

3. Assume the following information for an existing bond that provides semi-annual coupon payments: Par value = $1,000, Coupon rate = 8%, Maturity = 5 years and the discount rate = 10%. Based on this information, a fair price of this bond is $

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