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ABC Co. had a bond issue. Coupon 8%, 10 years, market rate is 7%, $1000 par. 1. What is the value of the bond today?

ABC Co. had a bond issue. Coupon 8%, 10 years, market rate is 7%, $1000 par. 1. What is the value of the bond today? 2. What if the time period for ABC was 1 year instead of 10? 3. What if the time ...

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