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Title: principles of investment Question 3 Oman Investment Company issued new bonds for 8 years. The bond has face value US$1000 and pays 8% coupon

Title: principles of investment

Question 3

Oman Investment Company issued new bonds for 8 years. The bond has face value US$1000 and pays 8% coupon to be paid annually. If the discounting rate is 10%, what is the current price of the bond?

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