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ASAP Pls Eastern Digital has issued a bond with a par value of $2,000 each and a 5% per year coupon. The bonds mature in
ASAP Pls
Eastern Digital has issued a bond with a par value of $2,000 each and a 5% per year coupon. The bonds mature in 5 years and pay interest annually. What is the current value of the bond if the market interest rate is 7% ? $2,000.00$1,242.67$1,835.99$3,529.45 None of the above A $2,000 face value bond has a 6.0% coupon and pays interest annually. The bond matures in 2 years and the annual market interest is 7%. What is the Macaulay duration? 1.94289 years 1.83734 years 1.24368 years 2.17843 years None of the aboveStep by Step Solution
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