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Question 23 Calculate the price of a bond with FV of $1,000, a coupon rate...

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Question 23 Calculate the price of a bond with FV of $1,000, a coupon rate of 16 percent (paid semi-annually), and 8 years to maturity when A. Kb = 18 percent B. Kb = 16 percent C. kb = 14 percent (Round present value factor calculations to 5 decimal places, e.g. 1.25124 and final answers to 2 decimal places e.g. 1,289.71.) Price of bond

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