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What is the value of a bond that has a par value of$1000 a coupon of $80(annuall

March 18th, 2019 admin

What is the value of a bond that has a par value of$1000 a coupon of $80(annually) and matures in 11 years? Assume arequired rate of return of 11% and round your answer to thenearest $10.

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