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The CanWeTakeThisClassAgain? Company issued a $1,000 par value, 6.5% coupon, 15 year bond. The interest is paid semiannually and the market is currently requiring 6%
The CanWeTakeThisClassAgain? Company issued a $1,000 par value, 6.5% coupon, 15 year bond. The interest is paid semiannually and the market is currently requiring 6% on this risk level bond. What is the current value of the bond? SHOW ALL WORK FOR FULL CREDIT USING THE TI BAII PLUS CALCULATOR.
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