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Assume that a 15 year $1000 face value bond pays interest of $37.50 every 3 months. If you require a simple annual rate of return
Assume that a 15 year $1000 face value bond pays interest of $37.50 every 3 months. If you require a simple annual rate of return of 12 percent, with quarterly compounding, how much should you be willing to pay for this bond? $ 12.7.57 $ 821.92 $ 1120.71 $ 986.43 $ 1358.24
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