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Vangaurd Health System bonds have an annual coupon rate of 8 percent and a par value of $1,000 and will mature in 20 years.If you

Vangaurd Health System bonds have an annual coupon rate of 8 percent and a par value of $1,000 and will mature in 20 years.If you require a 7 percent return, what price would you be willing to pay for a Vangaurd bond?

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