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a bond that matures in 15 years has a 1,000 par value. the annual coupon interest rate is 7 percent and the markets required yield

a bond that matures in 15 years has a 1,000 par value. the annual coupon interest rate is 7 percent and the markets required yield to maturity on a corporate risk bond is 13 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?

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