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Please help me with the question below. Question 28 3.34 pts What is the fair value of a $1,000 par value bond with 5 years
Please help me with the question below.
Question 28 3.34 pts What is the fair value of a $1,000 par value bond with 5 years left to its maturity and a 5% coupon rate (paid annually) if the discount rate is 8%? 920.80 880.22 1130 1250 1183Step by Step Solution
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