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halp (Bond valuation) Hamiton, Inc. bonds have a coupon rate of 15 percent. The interest is paid semiannuatly, and the bonds mature in 9 years.

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(Bond valuation) Hamiton, Inc. bonds have a coupon rate of 15 percent. The interest is paid semiannuatly, and the bonds mature in 9 years. Their par vafue is $1,000. If your required rate of retum is 11 percent, what is the value of the bond? What is the value if the interest is paid annually? a. If the intarest is paid semiannually, the value of the bond is s (Round to the noarest cont.)

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