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8.10% annual coupon rate. Coupon payments are paid semiannually. Bonds have 5 year to maturity and par value of 1,000. Compute the value of pet

8.10% annual coupon rate. Coupon payments are paid semiannually. Bonds have 5 year to maturity and par value of 1,000. Compute the value of pet food company bonds if this market interest rate on this type of bond is 11.85%

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