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1 point Owlette incorporated bonds have a stated coupon rate of 6% and pay interest on an annual basis. They mature in 29 years and

1 point Owlette incorporated bonds have a stated coupon rate of 6% and pay interest on an annual basis. They mature in 29 years and have a par value of $1,000. The market rate of interest on similar debt is 9%. The value of Owlette bonds is (round to the nearest dollarl

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