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Calculate the value of a non-callable 15-year bond with a face value of $1,000 and a coupon rate of 6% compounded semi-annually if you expect

Calculate the value of a non-callable 15-year bond with a face value of $1,000 and a coupon rate of 6% compounded semi-annually if you expect 7% yield on the bond.

Group of answer choices

$908

$876

$1,460

$504

$808

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