Bart’S Moving Company Bonds Have A 11% Coupon Rate Interest Is Paid Annually The Bonds Have A Par Value Of


Bart’s Moving Company bonds have a 11% coupon rate. Interest is paid annually. The bonds have a par value of

$1,000 and will mature 8 years from now. Compute the value of Bart’s Moving Company bonds if investors’ required rate of return is 9.5%

Please show work.

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