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Calculate the value of each of the bonds shown in the following table, all of which pay interest semiannually. Bond Par Value Coupon interest rate

Calculate the value of each of the bonds shown in the following table, all of which pay interest semiannually.

Bond Par Value Coupon interest rate Year to maturity Required stated annual return A 500 7% 8 9% B 1,000 12 20 14 C 500 16 5 13

The value of bond A is

The value of bond B is

The value of bond C is

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