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1. 2. 3. Semiannual interest Find he value o a bond maturing n 8 years, with a $1 000 par value and a coupon Interest

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Semiannual interest Find he value o a bond maturing n 8 years, with a $1 000 par value and a coupon Interest rate of 12% 6% paid semiannual y if he requ red return on similar-n k bonds is 14% annual interest 7% paid Bond valuation semiannually). The present value of the bo (Round to the nearest cent.)

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