Question: 1. ABC corp. has issued a bond with par value of $1000, a coupon rate of 8 percent that is paid semi-annually, and that matures

 1. ABC corp. has issued a bond with par value of

1. ABC corp. has issued a bond with par value of $1000, a coupon rate of 8 percent that is paid semi-annually, and that matures in 2 years. what is the value of the bond if the required rate of return is 11 percent

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