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Bond valuation: Annual interest Calculate the value of each of the bonds shown in the following table, all of which pay interest Semi-Annual Required return

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Bond valuation: Annual interest Calculate the value of each of the bonds shown in the following table, all of which pay interest Semi-Annual Required return Years to maturity 20 16 Coupon interest rate Par value $1,000 1,000 100 500 1,000 Bond 12% 0 10 16 12 13 10 13 18 10

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