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The present value of the bond is $ . ( Round to the nearest cent. ) Bond valuationSemiannual interest Find the value ofa bond maturing
The present value of the bond is $Round to the nearest cent.
The present value of the bond is $Round to the nearest cent.
Bond valuationSemiannual interest Find the value ofa bond maturing inS years, with a $1,000 par value and a coupon interest rate of 11% (5.5% paid semiannually) ifthe required return on similar-risk bonds is 12% annual interest. The present value of the bond is (Round to the nearest cent)
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