What is the value of a bond that matures in 17 years, makes an annual coupon payment of $50, and has a par value of $1,000? Assume a required rate of return of 6%. (Points : 1)

$822.90

$856.29

$895.23

$904.87

$822.90

$856.29

$895.23

$904.87

## This question was asked on Jan 06, 2013.

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