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A 7.5% coupon rate bond makes annual interest rate payments. Par value is $1,000. The bond matures in 11 years, The required rate of return

image text in transcribedimage text in transcribed A 7.5% coupon rate bond makes annual interest rate payments. Par value is $1,000. The bond matures in 11 years, The required rate of return is 8.25%. Value this bond 946.45 946.62 947.10 947.77 Refer to the previous questions. What is the bond pays "semi-annual" coupon payments. Value this bond 946.45946.72947.10947.77

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