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An investor purchases a 7-year, $1,000 par value bond that pays semianual interest of $14. If the semianual market rate of interest is 5%, what

An investor purchases a 7-year, $1,000 par value bond that pays semianual interest of $14. If the semianual market rate of interest is 5%, what is the current market value of the bond? (FV of $1, PV of $1, FVA of $1, PVA of $1, FVDA of $1 and PVAD of $1)

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