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Question 1 1 pts A corporate bond with a face value of $200,000 was issued four years ago and there are six years remaining until
Question 1 1 pts A corporate bond with a face value of $200,000 was issued four years ago and there are six years remaining until maturity. The bond pays semi-annual coupon payments of $9,000, the coupon rate is 9% pa paid twice yearly and rates in the marketplace are 8% pa compounded semi-annually. What is the value of the bond today? $209,385.07 $200,000.00 $167,639.84 $206,732.74 $205,242.14
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