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A bond that matures in 14 years has a $ 1000 par value. The annual coupon interest rate is 11 percent and the market's required

A bond that matures in 14 years has a $ 1000 par value. The annual coupon interest rate is 11 percent and the market's required yield to maturity on a comparable-risk bond is 18 percent. What would be the value of this bond if it paid interest annually? What would be the value of this bond if it paid interest semiannually? a.The value of this bond if it paid interest annually would be b.The value of this bond if it paid interest semiannually would be

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