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Question 11 (4 points) Listen You are considering buying bonds in ACBB, Inc. The bonds have a par value of $1,000 and mature in 33

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Question 11 (4 points) Listen You are considering buying bonds in ACBB, Inc. The bonds have a par value of $1,000 and mature in 33 years. The annual coupon rate is 16.0% and the coupon payments are annual. If you believe that the appropriate discount rate for the bonds is 13.0%, what is the value of the bonds to you? $813.90 $1,383.85 O $1,226.68 $942.93 $1,313.12

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