Question: Please show all work for any credit. Interest is paid annually Coupon Rate = 14% Discount Rate = 12% N = 14 years Par value

 Please show all work for any credit. Interest is paid annually

Please show all work for any credit. Interest is paid annually Coupon Rate = 14% Discount Rate = 12% N = 14 years Par value = $1,000 Calculate PV of the bond

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