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PLEASE I WANT THESE TO BE ANSWERED ASAP. IT IS VERY URGENT. THANK YOU Bond has a face value of 3000 and pays coupon of
PLEASE I WANT THESE TO BE ANSWERED ASAP. IT IS VERY URGENT. THANK YOU
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Bond has a face value of 3000 and pays coupon of 12% per annum for 4 years, if the market interest rate is 16%. How much will you pay for this bond. If the coupon was to be paid semi- annually will your answer be different.
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