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  • 30-05-2024
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Answered

Calculate the value of a bond that matures in 11 years and has a $ 1 comma 000 par value. The annual coupon interest rate is 14 percent and the​ market's required yield to maturity on a​ comparable-risk bond is 11 percent.
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Part 1
The value of the bond is ​$

enter your response here. ​ (Round to the nearest​ cent.)

Calculate the value of a bond that matures in 11 years and has a 1 comma 000 par value The annual coupon interest rate is 14 percent and the markets required yi class=


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