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Find the value of a bond maturing in 11 ​years, with a ​$1,000 par value and...

Find the value of a bond maturing in 11 ​years, with a ​$1,000 par value and a coupon interest rate of 12​% (6​% paid​ semiannually) if the required return on​ similar-risk bonds is 17​% annual interest (8.5% paid​ semiannually).

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SEE THE IMAGE. ANY DOUBTS, FEEL FREE TO ASK. THUMBS UP PLEASE

As nothing was mentioned excel is used. If you need with formula, let me know, will do that also. Thank you.

jeff jeffy answered 1 year ago
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