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Calculate the value of a $1000 8% coupon bond under the following conditions. Years To Maturity Required Return Value 20 6% 20 8% $1000 20

Calculate the value of a $1000 8% coupon bond under the following conditions.

Years To Maturity

Required Return

Value

20

6%

20

8%

$1000

20

10%

18

6%

$1217

18

8%

18

10%

$836

16

6%

16

8%

16

10%

$843

14

6%

14

8%

14

10%

$852

12

6%

12

8%

$1000

12

10%

10

6%

$1,147

10

8%

10

10%

8

6%

8

8%

$1000

8

10%

6

6%

6

8%

6

10%

4

6%

4

8%

$1000

4

10%

2

6%

$1036

2

8%

2

10%

0

6%

0

8%

0

10%

$1000

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