Question: Using appropriate tables found in the Appendix at the end of the text, determine the present value of the following bonds (each has a redemption

Using appropriate tables found in the Appendix at the end of the text, determine the present value of the following bonds (each has a redemption value of $1,000):

Bond nnual Coupon Interest Maturity (Years) ield to M $120 60 10 20 20 8% 10

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