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Calculate the value of the bond shown in the following table, assuming it pays interest annually . (Click on the icon here in order to

Calculate the value of the bond shown in the following table, assuming it pays interest

annually.

(Click on the icon here

in order to copy the contents of the data table below into a spreadsheet.)

Par value	Coupon interest rate	Years to maturity	Required return
$500	8%	14	15%

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