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B Corporation has $1000 par value bonds with 14 years left to maturity, a stated annual coupon rate of 6.8 percent (with annual interest payments).What

B Corporation has $1000 par value bonds with 14 years left to maturity, a stated annual coupon rate of 6.8 percent (with annual interest payments).What are these bonds worth today if the required market rate of return is 4.5 percent?

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