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This is a multi-choice question it follows cheggs rules Assume a par value of $1,000. Caspian Sea plans to issue a 6.00 year, annual pay
This is a multi-choice question it follows cheggs rules
Assume a par value of $1,000. Caspian Sea plans to issue a 6.00 year, annual pay bond that has a coupon rate of 8.06%. If the yield to maturity for the bond is 7.61%, what will the price of the bond be?
Assume a par value of $1,000. Caspian Sea plans to issue a 6.00 year, annual pay bond that has a coupon rate of 8.06%. If the yield to maturity for the bond is 7.61%, what will the price of the bond be?
What is the value today of a money machine that will pay $4,702.00 per year for 30.00 years? Assume the first payment is made 4.00 years from today and the interest rate is 8.00%.
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