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Question Help u Planning #6 (similar to): Bond Valuation Bond Valuation. Mia wants to invest in Treasury bonds that have a par value of $20,000

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Question Help u Planning #6 (similar to): Bond Valuation Bond Valuation. Mia wants to invest in Treasury bonds that have a par value of $20,000 and a coupon rate of 4.1% The bonds have a 7-year maturity, and Mia requires a 3% return. How much should Mia pay for her bonds, assuming interest is paid annually? The amount Mia should pay for the bonds is (Round to the nearest cent)

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