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Question 7 Question 7 of 20 A bond with a nominal (par) value of 100 pays interest at 12% per year and will be redeemed

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Question 7 Question 7 of 20 A bond with a nominal (par) value of 100 pays interest at 12% per year and will be redeemed in five years' time at nominal (par). If the cost of debt is 10%, what is the market value of the bond? 5 points Save

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