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= Question 18, P6-24 (simil... HW Score: 29.51%, 14.75 of 50 points O Points: 0 of 2 Save Bond valuation-Semiannual interest Find the value
= Question 18, P6-24 (simil... HW Score: 29.51%, 14.75 of 50 points O Points: 0 of 2 Save Bond valuation-Semiannual interest Find the value of a bond maturing in 5 years, with a $1,000 par value and a coupon interest rate of 9% (4.5% paid semiannually) if the required return on similar-risk bonds is 17% annual interest (8.5% paid semiannually). The present value of the bond is $ (Round to the nearest cent.) Help Me Solve This View an Example Get More Help Clear All Check Answer
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