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issued a bond w/ 20 yo remaining to maturity. Pay, capon interest at an annual rate of d. 30%. Investors require 12% return on the

issued a bond w/ 20 yo remaining to maturity. Pay, capon interest at an annual rate of d. 30%. Investors require 12% return on the bond. Assume face value 0f $1,000 to be paid at matunty. Compute value of bund wing annual companding

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