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in Bond valuation Annual interest Calculate the value of the bond shown in the following table, assuming it pays interest annually. (Click on the icon

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in Bond valuation Annual interest Calculate the value of the bond shown in the following table, assuming it pays interest annually. (Click on the icon here order to copy the contents of the data table below into a spreadsheet.) Par value $1,000 Coupon interest rate Years to maturity 11% 20 Required return 12% The value of the bond is $ . (Round to the nearest cent.)

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