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E 4 listenYour grandmother just gave you various bonds as follows: Two zero - coupon government bonds that each have a $ 1 , 0

E4 listenYour grandmother just gave you various bonds as follows: Two zero-coupon government bonds that each have a $1,000 face value with 10 years left to maturity and a 5% required rate of return (YTM). Three corporate bonds that each have a $1,000 face value and a 5% coupon rate per year that is paid semi-annually. The corporate bonds have 10 years left to maturity and a 14% per year required rate of retum (YTM),What is the value of one of the described corporate bonds?

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