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Question 6.26 Bond valuation quarterly interest. Calculate the value of a R5,000 par value bond paying quarterly Interest at an annual coupon interest rate of

Question 6.26

Bond valuation quarterly interest. Calculate the value of a R5,000 par value bond paying quarterly

Interest at an annual coupon interest rate of 10% and having 10 years until maturity if the required return on

Similar-risk bonds is currently a 12% annual rate paid quarterly

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