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Using the bond data Do not include the $ in your answer. what is the present value of the bond? Bond Terms Par Value
Using the bond data Do not include the $ in your answer. what is the present value of the bond? Bond Terms Par Value Duration (yrs) Coupon Frequency Current rates: Bond features: MACD Modified Duration $1,000 5 4.25% Semiannual 5.00% Callable at Par 4.548 4.437
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To calculate the present value of the bond we need to discount the future cash flows of the bond bac...
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Essentials of Investments
Authors: Zvi Bodie, Alex Kane, Alan J. Marcus
10th edition
77835425, 978-0077835422
