Question
What is the value of a bond that has a par value of $1,000, a coupon rate of 10.41 percent (paid annually), and that matures
What is the value of a bond that has a par value of $1,000, a coupon rate of 10.41 percent (paid annually), and that matures in 4 years? Assume a required rate of return on this bond is 10.23 percent.
Round the answer to two decimal places.
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The Venture Capital Investment Process
Authors: Darek Klonowski
1st Edition
0230612881, 023011007X, 9780230612884, 9780230110076
