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What is the value of a 15-year, 10% coupon bond if market rate of return = 10%? Par Value = 1000 [Coupons are paid annually.]

What is the value of a 15-year, 10% coupon bond if market rate of return = 10%? Par Value = 1000 [Coupons are paid annually.]

$1,000.00

$1,246.79

$878.19

$1,125.15

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		$1,000.00
		$1,246.79
		$878.19
		$1,125.15