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What is the value of a bond that matures in 17 years, makes an annual coupon payment of $50, and has a par value of
What is the value of a bond that matures in 17 years, makes an annual coupon payment of $50, and has a par value of $1,000? Assume a required rate of return of 5.90%.
| A. | $856.98 | |
| B. | $905.02 | |
| C. | $823.48 | |
| D. | $895.23 |
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Buyable Your Guide To Building A Self Managing Fast Growing And High Profit Business
Authors: Steve Preda
1st Edition
0998447846, 978-0998447841
