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Question Help Bond valuation-Annual interest Calculate the value of the bond shown in the following table, assuming it pays interest annually (Click on the icon
Question Help Bond valuation-Annual interest Calculate the value of the bond shown in the following table, assuming it pays interest annually (Click on the icon located on the top-right corner of the data table below in order to copy its contents into a spreadsheet) Par value Coupon interest rate Years to maturity Required return $500 14% 8% The value of the bond is $(Round to the nearest cent)
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