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To value a bond you must take the future value of all future cash flows by...

To value a bond you must take the future value of all future cash flows by using the NPV formula. true or false

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FALSE

To value a bond you need to present value of future cash flows. Future cash flows of a bond are coupons and face value. Coupons are discounted using present value of annuity formula. Face value is discounted to a present value.  

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