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I need help solving this problem A corporate bond has 19 years to maturity, a face value of $1,000, a coupon rate of 5.3% and
I need help solving this problem 
A corporate bond has 19 years to maturity, a face value of $1,000, a coupon rate of 5.3% and pays interest twice a year. The annual market interest rate for similar bonds is 3.4%. Part 1 Attempt 3/10 for 8 pts. What is the value of the bond (in \$) Step by Step Solution
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Multinational Business Finance
Authors: David K. Eiteman, Arthur I. Stonehill, Michael H. Moffett
6th Edition
0201538997, 978-0201538991
