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Question 11 Calculate the value of a $15,000-par-value bond paying quarterly interest at an annual coupon interest rate of 10% and having 10 years until

Question 11 Calculate the value of a $15,000-par-value bond paying quarterly interest at an annual coupon interest rate of 10% and having 10 years until maturity if the required return on similar-risk bonds is currently a 12% annual rate paid quarterly

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