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P6-16 Bond valuation: Annual interest Calculate the value of each of the bonds shown in the following table, all of which pay interest annually.
P6-16 Bond valuation: Annual interest Calculate the value of each of the bonds shown in the following table, all of which pay interest annually. Bond Par value Coupon rate Years to maturity Required return A $1,000 11% 20 20 12% B 1,000 8 16 100 9 8 7 CD W 500 00 6 13 8 E 1,000 7 10 5
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