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West Bank (a bank holding company) issues a 3.86% coupon bond with a maturity of 12 years which makes semi-annual interest payments. The face value

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West Bank (a bank holding company) issues a 3.86% coupon bond with a maturity of 12 years which makes semi-annual interest payments. The face value of the bond, payable at maturity, is $1,000. What is the value of this bond if your required rate of return is 10.23%. Please enter your answer to the nearest cent

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