A bond that matures in 19 years has a 1000 par value the, Business Economics

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A bond that matures in 19 years has a 1000 par value the

A bond that matures in 19 years has a ?$1,000 par value. The annual coupon interest rate is 12 percent and the?market’s required yield to maturity on a ?comparable-risk bond is 14 percent. What would be the value of this bond if it paid interest?annually? What would be the value of this bond if it paid interest? semi-annually?

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Business Economics: A bond that matures in 19 years has a 1000 par value the

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