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A bond issued by Liberty, Inc. 10 years ago has a coupon rate of 8%, semiannually, and a face value of $1,000. The bond will

A bond issued by Liberty, Inc. 10 years ago has a coupon rate of 8%, semiannually, and a face value of $1,000. The bond will mature in 15 years. What is the value to an investor with a required return of 12%?

Answer choices

$724.70

$758.42

$950.16

$847.18

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