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Applied Software has a $1,000 par value bond outstanding that pays 13 percent interest with annual payments. The current yiel
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Period - PUFA/Prir @ 11% Profcf 1-25 OUD X 13%-130 8.42 25 1092 70 1000 0.07 1162 Price of bond = Pu of of Period CF PUITA /PPRICE OF BOND

25 Years= 1162

19 years= 1152.20

5 years = 1069.70

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