Question: heelpp Consider a three-year bond that has a face vlaue of $1000 and pays an annual coupon of 4 percent. If the current yield to

heelpp

Consider a three-year bond that has a face vlaue of $1000 and pays an annual coupon of 4 percent. If the current yield to maturity on this bond is 8 percent, what is the price of the bond? (Write only the final answer)

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