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Mis Question: 30 pts 3 of 3 (2 complete) This Quiz: 100 pts poss Bond valuation Annual interest Calculate the value of the bo
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Answer #1

Coupon =13%*100 =13
YTM =11%
Number of Years =15
Par Value =100
Price of Bond =PV of Coupons +PV of Par Value =13*((1-(1+11%)^-15)/11%)+100/(1+11%)^15 =114.38

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