Find the value of a bond maturing in 7 years with a 1000, Financial Management

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Find the value of a bond maturing in 7 years with a 1000

Bond valuation long dash —Semiannual interest

Find the value of a bond maturing in 7 ?years, with a ?$1,000 par value and a coupon interest rate of 14?% ?(7?% paid? semiannually) if the required return on? similar-risk bonds is 12?% annual interest left parenthesis 6 % (6% paid? semiannually).

The present value of the bond is $ (Round to the nearest? cent.)

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Financial Management: Find the value of a bond maturing in 7 years with a 1000

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Financial Management: Find the value of a bond maturing in 7 years with a 1000

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