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Bond valuation-Annual interest Calculate the value of the bond shown in the following table, assuming it pays interest annually. (Click on the icon here e

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Bond valuation-Annual interest Calculate the value of the bond shown in the following table, assuming it pays interest annually. (Click on the icon here e in order to copy the contents of the data table below into a spreadsheet.) Par value Coupon interest rate Years to maturity Required return $500 7% 7 16% The value of the bond is $. (Round to the nearest cent.)

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