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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 matures in 30 years? Assume a required rate of return on this bond is 8.65 percent.

The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92882501

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