A 1000 corporate bond with 20 years to maturity pays a
A $1,000 corporate bond with 20 years to maturity pays a coupon of 7% (semi-annual) and the market required rate of return is a0 6.6% b) 13%. What is the current selling price for a) and b)?
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a 1000 corporate bond with 20 years to maturity pays a coupon of 7 semi-annual and the market required rate of return
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