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Find the face - value of a bond with the following info: Term: 1 0 Years Yield Rate: Annual Rate of 4 . 5 %
Find the facevalue of a bond with the following info:
Term: Years
Yield Rate: Annual Rate of compounded annually
Purchase Price:
Coupon Rate: Annual rate of payable annually
Coupon Frequency: months
Redemption Value: Par or Face Value
Give your answer as a whole number ie X
Note: Coupons are paid out annually ie end of the year in this problem.
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