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Hamilton Inc. bonds have a coupon interest rate of 15%. The interest payment is paid semi annually, and the bonds mature in seven years. Their

Hamilton Inc. bonds have a coupon interest rate of 15%. The interest payment is paid semi annually, and the bonds mature in seven years. Their par value is $1000. If your required rate of return is 13%, what is the value of the bond? What is the value if the interest is paid annually?
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