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BankMart Inc. recently issued bonds that mature in 11 years. They have a par value of $1,000 and an annual coupon of 4%. The current

BankMart Inc. recently issued bonds that mature in 11 years. They have a par value of $1,000 and an annual coupon of 4%. The current market interest rate is 9%. Part 1 What is the bond's value? 18 - Attempt 1/5 for 2 pts. 0+ decimals Submit MacBook

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