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A 6 year bond issued today by Doodle, Inc. has a coupon rate of 13%, a required return of 3% and a face value of

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A 6 year bond issued today by Doodle, Inc. has a coupon rate of 13%, a required return of 3% and a face value of $1000. The bond will be sold 2 years from now when interest rates will be 4%. What is the beginning value of the bond when it is issued (to the nearest dollar)? O $1,294 O $1,258 O $1,000 O $932 $1,542

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