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A bond was issued by Ranyah Corporation 13 years ago and pays interest annually. The bond has a coupon rate of 5% and a face

A bond was issued by Ranyah Corporation 13 years ago and pays interest annually. The bond has a coupon rate of 5% and a face value of SAR 5,000. The bond will mature in 17 years. What is the closest value to an investor with a required return of 7%?

I need the solution in details. Not excel please.

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