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i will like (Ralated to Checkpoint 9.3) (Bond valuation) Colculate the value of a bond that matures in 19 years and has a $1,000 par

i will like

(Ralated to Checkpoint 9.3) (Bond valuation) Colculate the value of a bond that matures in 19 years and has a $1,000 par walue. The anvual coupon interest rate is 11 persent and the mavkor's foquired yield to maturity on a comperable-fisk bond is 13 percent. The value of the bond is 9 (Fhound to the nearest cent)

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