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Straight bond value Calculate the straight bond value for the bond shown in the table below. Coupon Interest rate Par value (paid annually) $1,000 9%

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Straight bond value Calculate the straight bond value for the bond shown in the table below. Coupon Interest rate Par value (paid annually) $1,000 9% The straight value of the bond is $. (Round to the nearest cent.) Interest rate on equal risk straight bond 15% Years to maturity 14

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