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A $1,000 corporate bond has a maturity date 20 years from nowand a coupon rate of 6 percent paid annually. Calculate the valueof the bond

A $1,000 corporate bond has a maturity date 20 years from nowand a coupon rate of 6 percent paid annually. Calculate the valueof the bond if the required rate of return is a) 4% b) 6% c) 8%.Strip t 1 answer

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