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BSVF Ltd issues Bonds of value $100 each that pay a dividend of $6.5 every year for the next 10 years. The bond is to

BSVF Ltd issues Bonds of value $100 each that pay a dividend of $6.5 every year for the next 10 years. The bond is to be redeemed at $105 after 10 years. What is the present value of the Bond if the interest rate in market is 5.7%

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