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(Related to Checkpoint 9.2 and Checkpoint 9.3) (Bond valuation) Finger's 12 -year, $1,000 par value bonds pay 14 percent interest annually. The markot price of

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(Related to Checkpoint 9.2 and Checkpoint 9.3) (Bond valuation) Finger's 12 -year, $1,000 par value bonds pay 14 percent interest annually. The markot price of the bonds is $900 and the market's required yield to maturity on a comparable fisk bond is 17 percent. a. Compute the bonds yield to malurity. b. Determine the value of the bond to you, given your fequired rate of teturn. c. Should you purchase the bond

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