A 10 year bond pays 5 on a face value of 1000 if similar


a 10 year bond pays 5% on a face value of $1,000. If similar bonds are currently yielding 10%, what is the market value of the bond? Use annual analysis.

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Finance Basics: A 10 year bond pays 5 on a face value of 1000 if similar
Reference No:- TGS0602696

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