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Find the value of a bond maturing in 9 ?years, with a ?$, 000 par value and a coupon interest rate of 13?% ?(6.5?% paid?
Find the value of a bond maturing in 9 ?years, with a ?$, 000 par value and a coupon interest rate of 13?% ?(6.5?% paid? semiannually) if the required return on? similar-risk bonds is 14?% annual interest left parenthesis 7 % paid? semiannually).
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