Find the price of a risk-free

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Today's price for a 1-year, zero-coupon risk-free bond is $983.25, and the price of a 2-year, zero-coupon risk-free bond is $906.46. What should be the price of a risk-free, 2-year annual coupon bond with a coupon rate of 2.0%? Round your answer to the nearest penny (i.e., two decimal places).

Reference no: EM132654483

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