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Business, 06.05.2020 23:00 johniyabrown26

Hamilton, Inc. bonds have a coupon rate of 11 percent. The interest is paid semiannually, and the bonds mature in 7 years. Their par value is $1 comma 000. If your required rate of return is 16 percent, what is the value of the bond? What is the value if the interest is paid annually?

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