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Complete the problems in an Excel spreadsheet. Be sure to show your work to receive credit; no hard keys. Q/ A bond matures in 10
Complete the problems in an Excel spreadsheet. Be sure to show your work to receive credit; no hard keys.
Q/ A bond matures in 10 years with 1,000 SAR par value. The coupon rate is 8% and the market's required yield to maturity is 12%. What would be the value of this bond if it pays the coupon payment semiannually?
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