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XYZ Corporation bonds have a $500 par value and have 14 years remaining until maturity. These bonds have a 4.2% annual coupon rate and they
XYZ Corporation bonds have a $500 par value and have 14 years remaining until maturity. These bonds have a 4.2% annual coupon rate and they pay interest twice a year. If you only require a 4.6% annual return on one of these bonds, calculate its value to you.
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