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Calculate the fair present values of the following bonds, all of which pay interest semiannually, have a face value of $1,000, have 8 years remaining
Calculate the fair present values of the following bonds, all of which pay interest semiannually, have a face value of $1,000, have 8 years remaining to maturity, and have a required rate of return of 14 percent.
A). The bound has a 6.6 percent coupon rate. (Dont round intermediate calculations, round answer to decimal places) B). The bond has a 8.6 percent coupon rate. (Dont round intermediate calculations, round answer to 2 decimal places) C). The bond has a 14 percent coupon rate (Dont round intermediate calculations)
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