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Question 3: Please calculate the Value of Bonds. Please provide a clear calculation and brief explanation: Bond has par value $1,000, 10% coupon rate, and

Question 3:

Please calculate the Value of Bonds. Please provide a clear calculation and brief explanation:

Bond has par value $1,000, 10% coupon rate, and pay semi-annually. Bond matures in 10 years.

Period Cash flow PVIF Discount Cash Flow

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