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12. Starbucks' bonds have a 10% coupon rate. Interest is paid semi-annually. The bonds have a par value of $1,000 and will mature 10 years

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12. Starbucks' bonds have a 10% coupon rate. Interest is paid semi-annually. The bonds have a par value of $1,000 and will mature 10 years from now. Compute the value of Starbucks' bonds if the investors' required rate of return is 8%. a) $1,177.00 b) $1,057.00 c) $1,135.50 d) $1,134.00 tpetersiusalt edu

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