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A bond with par value of $ 1 0 0 0 matures in 1 5 years and pays 8 % coupon interest annually. The market
A bond with par value of $ matures in years and pays coupon interest annually. The market price of the bonds is $ and your required rate of return is per year.
a Compute the yield to maturity from the bond
b Determine the value of the bond to you given your required rate of return
c Should you purchase the bond?
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