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What is the market price

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Question - If the market rate on a bond of maturity 1 year is 7.50%, that of 2 years 8.50% and for 3 years 9.00% per annum respectively. What is the market price of the 3 year bond of face value 10000/ with half yearly coupon rate of 10% p.a.

Reference no: EM132934992

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