Question
What's the value to an investor of a $1,000 par value bond with an 8 percent coupon rate when the investors required rate of return
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What's the value to an investor of a $1,000 par value bond with an 8 percent coupon rate when the investors required rate of return is 15 percent?
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Great than $1000.
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Less than $1000.
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$1,000.
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There is not enough information provided to answer this question.
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None of the answers listed above are always correct.
What's the value to an investor of a $1,000 par value bond with an 8 percent coupon rate when the investors required rate of return is 15 percent?
-
Great than $1000.
-
Less than $1000.
-
$1,000.
-
There is not enough information provided to answer this question.
-
None of the answers listed above are always correct.
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Financial Markets And Institutions
Authors: Jeff Madura
6th Edition
0324162618, 978-0324162615
