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A corporate bond bearing a 10% coupon rate win mature in ,0 years. If the current market rate is 8%, what is the current value
A corporate bond bearing a 10% coupon rate win mature in ,0 years. If the current market rate is 8%, what is the current value of the bond(assume annual intrest payments)? If interest payments are made semiannually, what is the value of the bond? Under the conditions in (b), what would the price of the bond be if market interest rates rose to 12%
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