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Problem 8.01 Wildhorse Corp is issuing a 10-year bond with a coupon rate of 9 percent. The interest rate for similar bonds is currently 6

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Problem 8.01 Wildhorse Corp is issuing a 10-year bond with a coupon rate of 9 percent. The interest rate for similar bonds is currently 6 percent. Assuming annual payments, what is the value of the bond? (Round answer to 2 decimal places, e.g. 15.25.) Value of bond Question Attempts : 0 of 2 used SAVE FOR LATER INENT SUBMIT

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