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Question 14 4 pts Micron issues a 7.74% coupon bond with a maturity of 9 years which makes monthly interest payments. The face value of
Question 14 4 pts Micron issues a 7.74% coupon bond with a maturity of 9 years which makes monthly interest payments. The face value of the bond, payable at maturity, is $1,000. What is the value of this bond if your required rate of return is 6.07%. Please enter your answer to the nearest cent
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