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Bond valuation Calculate the value of a bond that will mature in 13 years and has a $1,000 face value. The annual coupon interest rate

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Bond valuation Calculate the value of a bond that will mature in 13 years and has a $1,000 face value. The annual coupon interest rate is 15 percent, and the investor's required rate of retum is 13 percent. The value of the bond Round to the rearest cont.)

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