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Please post complete calculations. Question 3 8 pts Consider the following bond issued by Halliburton: coupon rate: 6.217%, with semi-annual coupon payments Face value: $1,000

image text in transcribedPlease post complete calculations.

Question 3 8 pts Consider the following bond issued by Halliburton: coupon rate: 6.217%, with semi-annual coupon payments Face value: $1,000 Bond matures in 24 years Suppose, for the sake of argument, that the annual discount rate is 8.049%, with semi-annual compounding. What is the value of the bond? Do not round at intermediate steps in your calculation. Round your answer to the nearest penny. Do NOT include a minus sign! Do not type the $ symbol

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