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E. A bond has the following Coupon Rate 5% Maturity 30 years Required Rate of Return 5% Par Value $1,000 1. What is the price
E. A bond has the following Coupon Rate 5% Maturity 30 years Required Rate of Return 5% Par Value $1,000 1. What is the price of the bond? 2. Complete the table below showing the value of the annuity and the value of the Lump Sum over the life of the bond. Years Annuity Lump Sum 30 20 10 5
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