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Calculate the fair present value of the bond which makes coupon payments semiannually and has a nominal value of $1000 and has a 12 years

Calculate the fair present value of the bond which makes coupon payments semiannually and has a nominal value of $1000 and has a 12 years remaining to maturity and which has a required rate of retum of 10 percent

the coupen rate is $100 / $1,000 = 0.10

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