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B4. Assume Bond B pays 13% coupon rate, matures in 7 years and has a face value of $1,000. What is the value of Bond

B4. Assume Bond B pays 13% coupon rate, matures in 7 years and has a face value of $1,000. What is the value of Bond B assuming that bonds with similar risk are discounted at 10% and interest is paid quarterly

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B4. Assume Bond B pays 13% coupon rate, matures in 7 years and has a face value of $1,000. What is the value of Bond B assuming that bonds with similar risk are discounted at 10% and interest is paid quarterly

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