A bond that matures in 15 years has a 1000 par value the


Bond valuation

A bond that matures in 15 years has a $1000 par value. The annual coupon interest rate s 12 per cent and the maket's required yield to maturity on a comparable-risk bond is 14 per cent. What would be the value of this bond if it paid interest annually? Semiannually?

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Finance Basics: A bond that matures in 15 years has a 1000 par value the
Reference No:- TGS01419833

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