Business, 28.11.2020 07:00 fyegirl12

You have funds that you want to invest in bonds and you just noticed in the financial pages of the local newspaper that you can buy $1000 par value bond for 800 coupon rate is 10% with annual payments and there is 10 years before the barn will mature and pay off his hundred dollar par value you should buy the bond if you’re required return on a bond with the risk is 12%?

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