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Compute the value of a 15 year semiannual interest $1,000 par value bond that has a coupon rate of 9% given a market interest rate

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Compute the value of a 15 year semiannual interest $1,000 par value bond that has a coupon rate of 9% given a market interest rate of 11% (round to nearest dollar). 1,000 856 900 855

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