Bond valuation Annual interest Calculate the value of the bond shown in the following table, assuming it pays interest annually Par value Coupon interest rate Years to maturity Required return $1,000 11 20 12 Question content area bottom Part 1 The value of the bond is $ enter your response here (Round to the nearest cent )

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Bond valuation Annual interest Calculate the value of the bond shown in the following table, assuming it pays interest annually . Par value Coupon interest

Bond valuationAnnual interestCalculate the value of the bond shown in the following table, assuming it pays interest annually.

Par value	Coupon interest rate	Years to maturity	Required return
$1,000	11%	20	12%

Question content area bottom

Part 1

The value of the bond is $ enter your response here. (Round to the nearest cent.)

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