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What is the value of a bond that has a par value of $1,000, a coupon of $100 (annually) and matures in 12 years? Assume
What is the value of a bond that has a par value of $1,000, a coupon of $100 (annually) and matures in 12 years? Assume a required rate of return of 13% O a. $970.00 b $943.22 Oc.$810.58 Od. $822.47
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