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Lexington's bond has a 13% coupon rate, pays interest semiannually, and matures in 15 years. If the investors' annual required rate of return is 10%,
Lexington's bond has a 13% coupon rate, pays interest semiannually, and matures in 15 years. If the investors' annual required rate of return is 10%, the value of the bond is: Group of answer choices
$1,220
$2,230
$1,830
$1,156
$1,231
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