Question 2 P9 3 similar to Related to Checkpoint 9 3 Bond valuation Calculate the...

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Question 2 P9 3 similar to Related to Checkpoint 9 3 Bond valuation Calculate the value of a bond that matures in 13 years and has a 1 000 par value The annual coupon interest rate is 11 percent and the market s required yield to maturity on a comparable risk bond is 15 pe The value of the bond is S Round to the nearest cent Points 0 of 1

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