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shelly inc bonds have a 6 percent coupon rate. the interest is paid semiannually and the bonds mature in 8 years. Their par value is

shelly inc bonds have a 6 percent coupon rate. the interest is paid semiannually and the bonds mature in 8 years. Their par value is 1,000. If your required rate of return is 4 percent what is the value of the bond? What is the value if the interest is paid annually?

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