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Points: 0 of 4 ( Related to Checkpoint 9 . 3 ) ( Bond valuation ) Calculate the value of a bond that matures in
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Related to Checkpoint Bond valuation Calculate the value of a bond that matures in years and has a $ par value. The annual coupon interest rate is percent and the market's required yield to maturity on a comparablerisk bond is percent.
The value of the bond is Round to the nearest cent.
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