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n 15 Find the value of a bond maturing in 7 years, with a $1,000 par value and a coupon interest rate of 5% (2.5%

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n 15 Find the value of a bond maturing in 7 years, with a $1,000 par value and a coupon interest rate of 5% (2.5% paid semiannually) if the required return on similar-risk bonds is 11% annually. ed out of Select one: O a. $639.45 O b. $890.79 O c. $841.55 O d. $795.54 O e. $712.31 16

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