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Find the value of a $1,000, 8% coupon bond with a maturity of 15 years. (Market int. rate = 10%.) 2. Find the price of

Find the value of a $1,000, 8% coupon bond with a maturity of 15 years. (Market int. rate = 10%.)

2. Find the price of a 8% coupon bond (semi-annual payments) with a par value of $1,000 and a 15-year maturity if the market rate on similar bonds is 10%.

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