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What is the value of a bond that has a par value of $1,000, a coupon rate of 10.82 percent (paid annually), and that
What is the value of a bond that has a par value of $1,000, a coupon rate of 10.82 percent (paid annually), and that matures in 15 years? Assume a required rate of return on this bond is 10.93 percent. Round the answer to two decimal places.
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Intermediate Accounting Reporting and Analysis
Authors: James M. Wahlen, Jefferson P. Jones, Donald Pagach
1st edition
1111822360, 978-1337116619, 1337116610, 978-1111822378, 1111822379, 978-1111822361
