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Intro BankMart Inc. recently issued bonds that mature in 10 years. They have a par value of $1,000 and an annual coupon of 3%. The

image text in transcribed Intro BankMart Inc. recently issued bonds that mature in 10 years. They have a par value of $1,000 and an annual coupon of 3%. The current market interest rate is 8%. Part 1 Attempt 2/10 for 10 pts. What is the bond's value

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