A government bond issued in germany has a coupon rate of 5, Ask an Expert

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A government bond issued in Germany has a coupon rate of 5%, a face value of 100 euros, and matures in five years. The bond pays annual interest payments. Calculate the price of the bond (in euros) if the yield to maturity is 3.5%. A. 100.00 B. 106.77 C. 106.33 D. 105.00

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