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The Hill Corporation $ 1000 bonds with coupons of 6% offer semi-annual payments for six years. Assuming that you require a rate of return of

The Hill Corporation $ 1000 bonds with coupons of 6% offer semi-annual payments for six years. Assuming that you require a rate of return of 11% annually for such an investment, calculate the present value of semi-annual payments. a. $ 151.56 b. $ 258.56 c. $ 143.98 d. $ 250.80 e. $ 245.63

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