You have the following instruments; please calculate the PV of the following bonds (with face value 1,000 ):
4.25% annual coupon bond, 4-year maturity, current market yield is 3.47%
4.8% annual coupon bond, 6-year maturity, current market yield is 3.6%
5% annual coupon bond, 15-year maturity, current market yield is 4%
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