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show work and where the numbers come from please What is the value of a 6%, 10-year bond with a par (and redemption) value of

image text in transcribedshow work and where the numbers come from please
What is the value of a 6%, 10-year bond with a par (and redemption) value of $20,000 that pays dividends semi-annually, if the purchaser wishes to earn an 8% return

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