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Rydboholm Brd AB bought a bond with face value of SEK 40 million and maturity of 20 years. The bond does not produceanycouponpayments during the

Rydboholm Brd AB bought a bond with face value of SEK 40 million and maturity of 20 years. The bond does not produceanycouponpayments during the first 6 years butpays coupons of SEK 2 million annually during the remaining 14years.What is the value of the bond, if the discount rate is 7%?

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