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Calculate the Value of a Bond of $1,000 at 15 years, annually pay a coupon of $62 and after 3 years, the market interest rate
Calculate the Value of a Bond of $1,000 at 15 years, annually pay a coupon of $62 and after 3 years, the market interest rate is 6% per year. THE TOTAL VALUE OF THE BOND= Present value of the debt + Present value of the coupons ES=
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Financial Accounting And Reporting
Authors: Barry Elliott, Jamie Elliott
3rd Edition
0139488944, 978-0139488948
