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considering xxxxx company 8.75 percent bonds that mature on April 15, 2026. Assume that the interest on these bonds is paid and compounded annually. Determine

considering xxxxx company 8.75 percent bonds that mature on April 15, 2026. Assume that the interest on these bonds is paid and compounded annually. Determine the value of a $1000 per value xxxx bond as of april 15, 2014, to an investor who holds the bond until maturity and whose required rate of return is 7 percent.

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