Suppose today is the year of 2005, a company namely Alexis offers a 10 year bond with a coupon rate of 10 per annum What is the price of the bond if the yield on the bond is 8 per annum and the face value is $20,000

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Suppose today is the year of 2005, a company namely Alexis offers a 10- year bond with a coupon rate of 10% per annum.What is

Suppose today is the year of 2005, a company namely Alexis offers a 10- year bond with a coupon rate of 10% per annum.What is the price of the bond if the yield on the bond is 8% per annum and the face value is $20,000?

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