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Lomack Company's bonds have a 10-year maturity, a 9% coupon, paid semiannually, and a par value of $1,000. The market interest rate is 3%, with

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Lomack Company's bonds have a 10-year maturity, a 9% coupon, paid semiannually, and a par value of $1,000. The market interest rate is 3%, with semiannual compounding. - Attempt 1/1 Part 1 What is the bond's value in $)? 0+ decimals Save

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