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Bond valuation Quarterly interest Calculate the value of a $1,000-parve bond paying quarterly interest at an annual coupon interest rate of 13%, and having 12

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Bond valuation Quarterly interest Calculate the value of a $1,000-parve bond paying quarterly interest at an annual coupon interest rate of 13%, and having 12 years until matunty if the required return on similar tisk bonds is currently a 11% annual rato pard quarterly The present value of the bond is $(Round to the nearest cent)

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