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find the value of a bond maturing in 7 years, with a $1,000 par value and a coupon interest rate of 14% (7%paid semi annually)

find the value of a bond maturing in 7 years, with a $1,000 par value and a coupon interest rate of 14% (7%paid semi annually) if the required rate of return on similar-risk bonds is 16% annual interest (8% paid semi anually)

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