A 1000 bond is issued with a coupon rate of 8 percent and


A $1,000 bond is issued with a coupon rate of 8 percent and 20 years to maturity five years ago. If this bond pays interest semi-annually, what is the value of this bond (TODAY) to an investor who requires an 8 percent rate of return?

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Financial Management: A 1000 bond is issued with a coupon rate of 8 percent and
Reference No:- TGS01219051

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