16 Consider a coupon bond that pays $200 every year and repays its principal amount of $10,000...

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16 Consider a coupon bond that pays $200 every year and repays its principal amount of $10,000 at the end of 10 years. If the rate of discount is 2 percent, what is the present value of the bond?

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MandB 3

ISBN: 978-1285167978

3rd Edition

Authors: Dean Croushore

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