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Assume that Salm bought a bond that has a per value of R.O 1,000 with coupon rate of (11%) and with 3 years maturity. Find:
Assume that Salm bought a bond that has a per value of R.O 1,000 with coupon rate of (11%) and with 3 years maturity. Find: a. What is the present value of the bond if the required rate of return is 11%? b. What is the present value of the bond if the required rate of return is 14%? c. What is the present value of the bond if the required rate of return is 9% d. Make a comment on your
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