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Intro A corporate bond has 18 years to maturity, a face value of $1,000, a coupon rate of 5.5% and pays interest twice a year.

Intro A corporate bond has 18 years to maturity, a face value of $1,000, a coupon rate of 5.5% and pays interest twice a year. The annual market interest rate for similar bonds is 3.1%. Part 1 What is the value of the bond (in $)? p+ decimals As Submit Attempt 1/10 for 10 pts.

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