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you own a 10 year 1,000$ par value bond paying 7 percent interest annually. the market price of the bond is 825$ amd your required

you own a 10 year 1,000$ par value bond paying 7 percent interest annually. the market price of the bond is 825$ amd your required rate of return is 11 percent. what is the value of the bond to you, given your 11 percent required rate of return

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