Question: Question 6 12.5/12.5 pts You are considering purchasing a bond. The bond will pay you $100 at the end of each year for three years.

Question 6 12.5/12.5 pts You are considering purchasing a bond. The bond will pay you $100 at the end of each year for three years. At the end of the third year, the bond will also pay you back its $1,000 face value. Assuming an 8% discount rate, how much is this bond worth today? Round to the nearest dollar

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