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Points: 0 of 1 (Bond valuation) Enterprise, Inc bonds have an annual coupon rate of 12 percent. The interest is paid semiannually and the bonds

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Points: 0 of 1 (Bond valuation) Enterprise, Inc bonds have an annual coupon rate of 12 percent. The interest is paid semiannually and the bonds mature in 10 years. Thek par vakie is $1.000. If the marka's equired to maturity on a comparable-risk bond is 9 percent, what is the value of the bond? What is its value if the interest is paid annually? a. The value of the Enterprise bonds if the interest is paid semiannually is (Round to the nearest cent)

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