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bond valuation l-semiannual interest Bond valuation-Semiannual interest Find the value of a bond maturing in 6 years, with a $1,000 par value and a coupon
bond valuation l-semiannual interest
Bond valuation-Semiannual interest Find the value of a bond maturing in 6 years, with a $1,000 par value and a coupon interest rate of 13% ( 6.5% paid semiannually) if the required return on similar-risk bonds is 13% annual interest (6.5\% paid semiannually). The present value of the bond is $ (Round to the nearest cent.) Step by Step Solution
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