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Business, Finance
Year 4
valuation problem
a $1,000 par bond having a 10% coupon rate and 8 years until maturity is selling to yield 12%. Interest is paid annually. Approximately what is the market price for this bond ?
By OTA: Noor Lalani, MBA
OTA Rating: 4.8/5
Your Price: $2.19 (original value ~$3.99)
What's included:
- Plain text response
- Attachment(s):
- Solution 5614.xls
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