Question
I purchased an annual interest coupon bond one year ago that now has 17 years remaining until maturity. The coupon rate of interest was 10%
I purchased an annual interest coupon bond one year ago that now has 17 years remaining until maturity. The coupon rate of interest was 10% and par value was $1,000. At the time I purchased the bond, the yield to maturity was 10%. The amount I paid for this bond one year ago was?
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Payroll Accounting 2018
Authors: Bernard J. Bieg, Judith Toland
28th edition
1337291056, 978-1337291057, 1337291137, 9781337291132, 9781337516686 , 978-1337291040
