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Neptune Corporation's bond has an 10% coupon rate, pays interest semiannually, and matures in 15 years. If the investors' annual required rate of return is

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Neptune Corporation's bond has an 10% coupon rate, pays interest semiannually, and matures in 15 years. If the investors' annual required rate of return is 8.5%, the value of the bond is: $1,231 $923 $1,082 $1,126 $885

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