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QUESTION 17 A 12% bond matures in 14 years. Assuming the coupon is paid semiannually and the par value is $1,000, what is the value
QUESTION 17 A 12% bond matures in 14 years. Assuming the coupon is paid semiannually and the par value is $1,000, what is the value of this bond to an investor requiring a 15% rate of return? 1) Find the correct information to solve the problem. O I = 129 Par Value = $1,000 ON = 14 O I = 1596
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