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What is the present value of each of the below bonds at issuance? Assume a market rate of 8%, semi-annual coupon payments, and par value

What is the present value of each of the below bonds at issuance? Assume a market rate of 8%, semi-annual coupon payments, and par value of $1,000

6a) Bond A

25 year maturity

10% coupon

Value Bond A:

PV

rate

n

pmt

FV

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