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Find the value of a bond maturing in 6 years, with a $1,000 par value and a coupon interest rate of 10% (5% paid semiannually)

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Find the value of a bond maturing in 6 years, with a $1,000 par value and a coupon interest rate of 10% (5% paid semiannually) if the required return on similar-risk bonds is 5% annually. Select one: O a. $1144.95 O b. $1045.59 O c. $1381.76 O d. $1256.44

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