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Homework 8 Bond valuation 1. A bond has a maturity period of 20 years, maturity value of 1000 and coupon rate of 10%. If discount
Homework 8 Bond valuation 1. A bond has a maturity period of 20 years, maturity value of 1000 and coupon rate of 10%. If discount rate is 8%, find the value of the bond. 2. Find the value of the above bond, if it was a semi-annual bond. A semi-annual bond is one where interests are paid every six months.
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