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= Homework: Finance Homework 2 HW Score: 53.33%, 48.53 of 91 points O Points: 0 of 7 Bond valuationSemiannual interest Find the value of a

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= Homework: Finance Homework 2 HW Score: 53.33%, 48.53 of 91 points O Points: 0 of 7 Bond valuationSemiannual interest Find the value of a bond maturing in 5 years, with a $1,000 par value and a coupon interest rate of 8% (4% paid semiannually) if the required return on similar-risk bonds is 17% annual interest (8.5% paid semiannually). 5 The present value of the bond is $ (Round to the nearest cent.)

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