Question: solve it correctly please. I will rate accordingly. Ty_ped answer only. Suppose that the market interest rate in an economy is 8 percent and a

 solve it correctly please. I will rate accordingly. Ty_ped answer only.

solve it correctly please. I will rate accordingly. Ty_ped answer only.

Suppose that the market interest rate in an economy is 8 percent

Suppose that the market interest rate in an economy is 8 percent and a bond promises to pay $716 after one year, $990 two years from now, and finally $1377 three years from now. The equilibrium market price of this bond is $ . (Round your response to two decimal places.)

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