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a 10 percent semi-annual coupon bond has a par value of $1000, matures in 10 years and pays 7 percent interest. How much is the
a 10 percent semi-annual coupon bond has a par value of $1000, matures in 10 years and pays 7 percent interest. How much is the bond selling for today?
a. 788.1
b. 1,000.1
c. none of the listed items is correct
d. 1,124.7
e. 1,213.2
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Introduction To Financial Management
Authors: Sudanshu Pandeya
1st Edition
1774695316, 978-1774695319
