Calculate the value of bonds

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Please calculate the Value of Bonds. Please provide a clear calculation and brief explanation:

Bond has par value $1,000, 10% coupon rate, discount rate 8%, and pay semi-annually. Bond matures in 10 years.

Period Cash flow PVIF Discount Cash Flow

Instructions:

[1] please show your supportive calculation and brief explanation.

Reference no: EM132909678

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