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Bond valuation-Semiannual interest Find the value of a bond maturing in 11 years, with a $1,000 par value and a coupon interest rate of
Bond valuation-Semiannual interest Find the value of a bond maturing in 11 years, with a $1,000 par value and a coupon interest rate of 13% (6.5% paid semiannually) if the required return on similar-risk bonds is 16% annual interest (8% paid semiannually). The present value of the bond is S (Round to the nearest cent.)
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Project Finance in Theory and Practice
Authors: Stefano Gatti
2nd edition
978-9382291589, 123919460, 978-0124157538, 978-0123919465
