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What is the value of an Orion bond that has a 10% coupon, pays interest annually,and has 10 years to maturity, if the required rate
What is the value of an Orion bond that has a 10% coupon, pays interest annually,and has 10 years to maturity, if the required rate of return is 12%?
$1,106.42
$906.38
$1,000.00
$887.00
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