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1. Calculate the value of the bond shown in the following​ table, assuming it pays interest...

1. Calculate the value of the bond shown in the following​ table, assuming it pays interest annually.

Par value - $100

Coupon interest rate - 15%

Years to maturity - 11

Required return ​- 12%

The value of the bond is ​$?? nothing. ​(Round to the nearest​ cent.)

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