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Calculate the value of a bond as of today that matures in 1 2 years, has $ 1 0 0 0 face value, and has

Calculate the value of a bond as of today that matures in

12

years, has $

1000

face value, and has a

10 %

coupon rate. The bond makes annual coupon payments, and has a yield to maturity of

13 % .

Please show all work.

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