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What is the value of a bond that has a par value of $1.000 a coupon rate of 8 26 percent (paid annually) and that

What is the value of a bond that has a par value of $1.000 a coupon rate of 8 26 percent (paid annually) and that matures in 30 years? Assume a required rate of return on this bond is 8 65 percent Round the answer to two decimal places

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