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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

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 11.5%, the value of the bond is: O $925 $1,231 O $894 O $1,115 O $1,156

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