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A bond that matures in 1616 years has a $1 comma 0001,000 par value. The annual coupon interest rate is 88 percent and the market's

A bond that matures in 1616 years has a $1 comma 0001,000 par value. The annual coupon interest rate is 88 percent and the market's required yield to maturity on a comparable-risk bond is 1616 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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