A 655 coupon rate bond makes annual interest rate payments
A 6.55% coupon rate bond makes annual interest rate payments. Par value is $1,000. The bond matures in 12 years. The required rate of return is 7.55%. What is the current value/price.
a. 855.35
b. 903.37
c. 922.85
d. 975.50
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a 655 coupon rate bond makes annual interest rate payments par value is 1000 the bond matures in 12 years the required
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