Show the time line and compute the present value for an 8.5 percent coupon bond (paid semiannually)

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Show the time line and compute the present value for an 8.5 percent coupon bond (paid semiannually) with 12 years left to maturity and a market interest rate of 7.5 percent.

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M Finance

ISBN: 9781266827877

6th Edition

Authors: Marcia Cornett, Troy Adair, John Nofsinger

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