Coupons are paid semi-annually unless otherwise noted. Coupon rates and yield are annual numbers unless...

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Accounting

Coupons are paid semi-annually unless otherwise noted. Coupon rates and yield are annual numbers unless otherwise noted. Par value/face value is always $1000. All bonds have a par value of $1000. years to maturity is 25, coupon 11.9% yield to maturity 9% What is the value of the bond?

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