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Calculate the value of a Rs. 5,000 (par value) bond paying interest at an annual coupon interest rate of 10% with 10 years maturity and
Calculate the value of a Rs. 5,000 (par value) bond paying interest at an annual coupon interest rate of 10% with 10 years maturity and the required return on similar-risk bonds is currently a 12% annual rate paid annually. Please explain the steps too. Thanks
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