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2. A 1000 par value bond carries coupon rate of 6% per annum andis redeemable after 3 years at par. The required rate of return
2. A 1000 par value bond carries coupon rate of 6% per annum andis redeemable after 3 years at par. The required rate of return is12%. What is the value of the bond if: a. Interest is payableannual 1 answer
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Financial Accounting
Authors: Libby, Short
6th Edition
978-0071284714, 9780077300333, 71284710, 77300335, 978-0073526881
