Question: A $ 1 , 0 0 0 par - value bond with 5 years of maturity pays 7 % coupon rate, paid semi - annually.

A $1,000 par-value bond with 5 years of maturity pays 7% coupon rate, paid semi-annually. What is the value of the bond if your required rate of return is 7%?
 A $1,000 par-value bond with 5 years of maturity pays 7%

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