Question: 13. A bond will pay $50 every quarter for the next 10 years. At the end of the tenth year, you will receive the principal

13. A bond will pay $50 every quarter for the next 10 years. At the end of the tenth year, you will receive the principal of $5000 in addition to the coupon. What is the present value of the bond, assuming an expected rate of return of 6.5%

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