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Q19. A company's bonds mature in 6 years, have a par value of Rs.1000 and make an annual coupon payment of Rs.80. What is the
Q19. A company's bonds mature in 6 years, have a par value of Rs.1000 and make an annual coupon payment of Rs.80. What is the value of the bond if the market interest rates are (1) 7% (2) 9.5% and (3) 8%
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