Find the value of a bond maturing

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Question: Find the value of a bond maturing in 6 years, with a $1 000 par value and a coupon interest rate of 8% (4% paid semiannually) if the required return on similar-risk bonds is 16 % annual interest left parenthesis 8% paid semiannually). The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM131974486

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