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This bond pays $50 interest annually for the remaining 20 years and $1,000 face amount at maturity. Find the value of the bond at 6
This bond pays $50 interest annually for the remaining 20 years and $1,000 face amount at maturity. Find the value of the bond at 6 percent annual required return (yield to maturity).
A. 854.43.
B. 885.30.
C. 921.82
D. 943.97
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