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What is the value of a 1,000 par value 8% annual coupon bond with 15 years to maturity if the the market required rate of
What is the value of a 1,000 par value 8% annual coupon bond with 15 years to maturity if the the market required rate of return is 8%?
| 1,194.25 |
| 1,000 |
| 847.88 |
| None of the above |
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Entrepreneurial Finance
Authors: Gary E. Gibbons, Robert D. Hisrich, Carlos Marques DaSilva
1st Edition
1452274177, 978-1452274171
