A bond has a annual coupon rate of 9 its par value is 1000
A bond has a annual coupon rate of 9%. Its par value is $1,000 and coupon payments are made semi-annually. The bond matures in 20 years. What is today’s value of the bond if investors require a 8% annual return from the bond investment?
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a bond has a annual coupon rate of 9 its par value is 1000 and coupon payments are made semi-annually the bond matures
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