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ond valuation) Enterprise, Inc bonds have an annual coupon rate of 9 percent. The interest is paid semiannually and the bonds mature in 8 years.

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ond valuation) Enterprise, Inc bonds have an annual coupon rate of 9 percent. The interest is paid semiannually and the bonds mature in 8 years. Their par value is $1,000 if the markar's required yield to maturity on a comparable-nske and is 8 percent, what is the value of the bond? What is its value if the interest is paid annually? The value of the Enterprise bonds if the interest is paid semanually is (Round to the nearest cent)

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