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Bond valuation Bond X is noncallable and has 20 years to maturity, a 11% annual coupon, and a $1,000 par value Your required return on

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Bond valuation Bond X is noncallable and has 20 years to maturity, a 11% annual coupon, and a $1,000 par value Your required return on Bond X 12 and if you but you to hold the years old the market) have expectations that in 5 years the yield to maturity on a 15-year bond with similar risk will be on How much should you be wit for today know how much the band will be worth at the end of 5 years) Round your answer to the nearest cent $711.28

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