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he bonds of TigerPaw, Inc. carry a 8% annual coupon, have a $1,000 face value, and mature in 6 years. Market rate is 4%. What

he bonds of TigerPaw, Inc. carry a 8% annual coupon, have a $1,000 face value, and mature in 6 years. Market rate is 4%. What is the market value of Tigers bonds? (bond valuation)

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