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A) A new bond was issued from a utility company was just issued. The bond has a coupon rate of 7% compounded semi-annually and a

A) A new bond was issued from a utility company was just issued. The bond has a coupon rate of

7%

compounded semi-annually and a life of 10 years. The face value (Par Value) of the bond is

$1,000

. Draw the bonds time diagram and calculate what would you pay for the bond today?

image text in transcribed
A) A new bond was issued from a utility company was just issued. The bond has a coupon rate of 7% compounded semi-annually and a life of 10 years. The face value (Par Value) of the bond is $1,000. Draw the bonds time diagram and calculate what would you pay for the bond today

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