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African Banking Corporation (ABC) Eswatinis outstanding bond has a E1 000.00 maturity value and a 4.5% coupon rate of interest (paid semi-annually). The bond, which
African Banking Corporation (ABC) Eswatinis outstanding bond has a E1 000.00 maturity value and a 4.5% coupon rate of interest (paid semi-annually). The bond, which was issued five years ago, matures in 10 years. If investors require a return equal to 6% to invest in similar bonds, what is the current market value of ABCs bond
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