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What is the value of a 15-year, 10% coupon bond if market rate of return = 10%? Par Value = 1000 [Coupons are paid annually.]
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What is the value of a 15-year, 10% coupon bond if market rate of return = 10%? Par Value = 1000 [Coupons are paid annually.]
$1,000.00
$1,246.79
$878.19
$1,125.15
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