What is the current expected market value of a $1,000 bond whose coupon rate of 10% p.a.

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What is the current expected market value of a $1,000 bond whose coupon rate of 10% p.a. will take 5 years to repay its face value, assuming other bonds have a yield-to-maturity rate of 8% p.a?

Posted Date: Jun 21, 2024 04:00 AM

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What is the current expected market value of a $1,000 bond whose coupon rate of 10% p.a.

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