The required return on? similar-risk bonds

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Find the value of a bond maturing in 8 ?years, with a ?$1000 par value and a coupon interest rate of 13% ?(6.5% paid? semiannually) if the required return on? similar-risk bonds is 18?% annual interest (9% paid? semiannually).

Reference no: EM131313943

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The required return on? similar-risk bonds : Find the value of a bond maturing in 8 ?years, with a ?$1000 par value and a coupon interest rate of 13% ?(6.5% paid? semiannually) if the required return on? similar-risk bonds is 18?% annual interest (9% paid? semiannually).

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