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Homer's Trucking Company bonds have a 11% coupon rate. Interest is paid semi-annually. The bonds have a par value of $1,000 and will mature 8

Homer's Trucking Company bonds have a 11% coupon rate. Interest is paid semi-annually. The bonds have a par value of $1,000 and will mature 8 years from now. Compute the value of Homer's Trucking Company bonds if investors' required rate of return is 9.5%

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