What is the price of a 10 year 1000 bond that pays 3, Finance Basics

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What is the price of a 10 year 1000 bond that pays 3

Question: What is the price of a 10 year $1000 bond that pays 3% interest if the current market yield is 2%? Please do not use excel since I do not need to know it that way. I will need to know the outputs N, I, PV, PMT, and FV. The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

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Finance Basics: What is the price of a 10 year 1000 bond that pays 3

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