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(Bond valuation)You own a bond that pays $110 in annual interest, with a $1,000par value. It matures in 15 years. Your required rate of return

(Bond valuation)You own a bond that pays $110 in annual interest, with a $1,000par value. It matures in 15 years. Your required rate of return is10 percent.a. Calculate the value of the bond.b. H 2 answers

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