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Bond valuationAnnual interestCalculate the value of the bond shown in the following table, assuming it pays interest annually. (Click on the icon here in order
Bond valuationAnnual interestCalculate the value of the bond shown in the following table, assuming it pays interest annually. (Click on the icon here in order to copy the contents of the data table below into a spreadsheet.) Par value 100 $ Coupon interest 9 % rate Years to maturity 12 Required return 8% Question content area bottom Part 1 The value of the bond is $ enter your response here. (Round to the nearest cent.)
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