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(Related to Checkpoint 2.4) (Bond valuation) A bond that matures in 17 years has a 51,000 par vatue. The annual coupon interest rate is 14

(Related to Checkpoint 2.4) (Bond valuation) A bond that matures in 17 years has a 51,000 par vatue. The annual coupon interest rate is 14 percent and the markefs nequired yele interest seminonaly? a. The value of this bond if in paid interest annualy would be ? (Round to the nearest cent)

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