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Calculate the fair present values of the following bonds, all of which pay interest semlannually, have a face value of $1,000, have 4 years remaining

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Calculate the fair present values of the following bonds, all of which pay interest semlannually, have a face value of $1,000, have 4 years remaining to maturity, and have a required rate of return of 14 percent. a. The bond has a 8.8 percent coupon rate. (Do not round intermediate calculations. Round your answer to 2 decimal places. (e.g.t. 32.16)) b. The bond has a 10.8 percent coupon rate. (Do not round intermediate calculations. Round your answer to 2 decimal places. (e.g., 32.16) ) c. The bond has a 14 percent coupon rate. (Do not round intermediate calculations.)

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