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Bond valuationAnnual interest Calculate the value of the bond shown in the following table, assuming it pays interest annually. (Click on the icon located on
Bond valuationAnnual interest Calculate the value of the bond shown in the following table, assuming it pays interest annually. (Click on the icon located on the top-right corner of the data table below in order to copy its contents into a spreadsheet.) Par value $100 Coupon interest rate Years to maturity 15% 20 Required return 16% The value of the bond is $ (Round to the nearest cent.)
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