A bond maturing in 7 years pays 8 percent interest on a
A bond, maturing in 7 years, pays 8 percent interest on a $1,000 face value. If your required rate of return is 10 percent, what is the value of the bond? Annually? and Semi-annually?
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a bond maturing in 7 years pays 8 percent interest on a 1000 face value if your required rate of return is 10 percent
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