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Question 19 (3.5 points) You are considering buying bonds in ACBB, Inc. The bonds have a par value of $1,000 and mature in 37 years.

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Question 19 (3.5 points) You are considering buying bonds in ACBB, Inc. The bonds have a par value of $1,000 and mature in 37 years. The annual coupon rate is 17.0% with quarterly coupon payments. You would expect a quoted annual return of 15.0% if you purchased these bonds. What is the value of the bonds to you? $4518.13 $1175.08 $882.60 $1099.18 $1132.76

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