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Interpreting Bond Yields Vulcan, Inc., has issued a bond that will mature in 3 years at $1,000. The bond coupon payment of $100 annually. The

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Interpreting Bond Yields Vulcan, Inc., has issued a bond that will mature in 3 years at $1,000. The bond coupon payment of $100 annually. The yield to maturity is 8.4%. What is the present value of the bond? What is the Annuity present value? What is the total bond value

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