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P6-16 (similar to) Question Help Bond valuation-Annual interest Calculate the value of the bond shown in the following table, assuming it pays interest annually. (Click

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P6-16 (similar to) Question Help Bond valuation-Annual interest Calculate the value of the bond shown in the following table, assuming it pays interest annually. (Click on the icon located on the top-right corner of the data table below in order to copy its conte into a spreadsheet.) Par value Coupon interest rate Years to maturity Required return $1,000 15% 12 17% The value of the bond is $ L. (Round to the nearest cent.)

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