A 2500 65 eight year bond had annual coupons if it is


A $2,500 6.5% eight year bond had annual coupons. If it is purchased for $2,590, the investor will anticipate 5.4% annual yield for the eight year investment. Find the redemption amount on this bond.

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Finance Basics: A 2500 65 eight year bond had annual coupons if it is
Reference No:- TGS0628084

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