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Click to see additional instructions A semi-annual coupon bond with a par value of $100 and a coupon rate of 8%, and has 10 years
Click to see additional instructions A semi-annual coupon bond with a par value of $100 and a coupon rate of 8%, and has 10 years to maturity. What is the value of the bond to an investor who demands a 5% annual required rate of return. par value, FV = each payment, PMT= number of payments, N= required rate of return per payment interval, I/YR = % (keep one decimal place) value of bond, PV = (no sign, only positive number; keep at least two decimal places)
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