Given the following information, calculate the present value of the following $1,000 bond that pays...
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Finance
Given the following information, calculate the present value of the following $1,000 bond that pays semi-annual coupons. Coupon Rate: 9% Interest Rate: 10% Maturity: 9 years
Group of answer choices
$917
$942
$964
$1,000
$1,468
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