Question
Calculate the value of the bond shown in the table below, which pays interest annually. Par Value Coupon Interest Rate Years to Maturity Required Return
Calculate the value of the bond shown in the table below, which pays interest annually.
| Par Value | Coupon Interest Rate | Years to Maturity | Required Return |
| $1,000 | 11.7% | 22 | 9.7% |
The price of the bond is $
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Competing On Analytics The New Science Of Winning
Authors: Thomas H Davenport, Jeanne G Harris, Gary Loveman
1st Edition
1422103323, 9781422103326
