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. Liftons Pest Control Company bonds have a 14% coupon rate. Interest is paid semi-annually. The bonds have a par value of $1,000 and will

. Liftons Pest Control Company bonds have a 14% coupon rate. Interest is paid semi-annually. The bonds have a par value of $1,000 and will mature 10 years from now. Compute the value of Liftons bonds if investors reqired rate of return is 12%.

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