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What is the value of a 8 percent annual coupon, $1,000 par value bond with 20 years to maturity if the required rate of return
- What is the value of a 8 percent annual coupon, $1,000 par value bond with 20 years to maturity if the required rate of return on the bond is 10 percent?A.$928.45
- B.$849.46
- C.$850.61
- D.$767.83
- E.$829.73
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Financial Modeling
Authors: Simon Benninga
4th Edition
0262027283, 9780262027281
