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P6-24 (similar to) Question Help Bond valuation --Semiannual interest Find the value of a bond maturing in 10 yder, with a $1.000 par value and

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P6-24 (similar to) Question Help Bond valuation --Semiannual interest Find the value of a bond maturing in 10 yder, with a $1.000 par value and a coupon interest rate of 14% (7 paid semiannually if the required return on similat-risk bonds is 15% annual interest (7.5% paid semiannually) The present value of the bond is $(Round to the nearest cent) ork /Test 10

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