Business, 14.11.2021 14:00 junior2461

Assume a $ 1,000 face value bond has a coupon rate of 8.7 percent paid semiannually and has an eight-year life. (a) Incorrect answer icon Your answer is incorrect. If investors are willing to accept a 10.4 percent rate of return on bonds of similar quality, what is the present value or worth of this bond

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Assume a $ 1,000 face value bond has a coupon rate of 8.7 percent paid semiannually and has an eight...

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