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Bond Valuation. Min wants to invest in Treasury bonds that have a par value of $20,000 and a coupon rate of 7,3%. The bonds have

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Bond Valuation. Min wants to invest in Treasury bonds that have a par value of $20,000 and a coupon rate of 7,3%. The bonds have a 13-year maturity, and Mia requires an 8% return. How much should Mia pay for her bonds, assuming interest is paid annually? The amount Mia should pay for the bonds is $(Round to the nearest cont.) Etu

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