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Green valley company bonds have a 10.66 percent coupon rate. Interest is paid semiannually. The bonds have par value of 1000 and will mature 16

Green valley company bonds have a 10.66 percent coupon rate. Interest is paid semiannually. The bonds have par value of 1000 and will mature 16 years from now. Compute the value of Green Valley company bonds if investors' require a rate of return is 8.50 percent.

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