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Question 10 A 6 year bond issued today by Doodle, Inc. has a coupon rate of 13%, a required return of 3% and a face
Question 10 A 6 year bond issued today by Doodle, Inc. has a coupon rate of 13%, a required return of 3% and a face value of $1000. The bond will be sold 2 years from now when interest rates will be 4%. What is the ending value of the bond when it is sold (to the nearest dollar)? $1,000 $1,375 $1,327 $1,064 10 pts O $1,249
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