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Java Spirit Ltd. intends to issue a new series of bonds on January 1, 2024, with a $1,000 par value. They are expected to

Java Spirit Ltd. intends to issue a new series of bonds on January 1, 2024, with a $1,000 par value. They are 

Java Spirit Ltd. intends to issue a new series of bonds on January 1, 2024, with a $1,000 par value. They are expected to mature in 21 years and will have a coupon rate of 6.5%, paid semi-annually. We would like to find the expected price of the bond on December 31, 2029, if interest rates were 8%? 0-20/+ V = C What values should we use in the above formula for C, i and n? $M (1+0)"

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