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Bond valuation long dashSemiannual interest Calculate the value of each of the bonds shown in the following table, all of which pay interest semiannually. Bond
Bond valuation long dashSemiannual interest Calculate the value of each of the bonds shown in the following table, all of which pay interest semiannually.
Bond | Par Value | Coupon interest rate | Years to maturity | Required stated annual return |
| ||||||||||||||
A | $1,000 | 99% |
| 10 | 10 | % | |||||||||||||
B | 1,000 | 14 | 20 | 10 | |||||||||||||||
C | 100 | 14 | 4 | 13 |
The value of bond A is $.
(Round to the nearest cent.)
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