1. Bond. What is the value of a $1,000 par value bond with annual payments of an a. 11% coupon with a maturity of 20 years and a 15% required return?…

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1. Bond. What is the value of a $1,000 par value bond with annual payments of an a. 11% coupon with a maturity of 20 years and a 15% required return?

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