A bond with 5 years to maturity and a coupon rate of 6 has
A bond with 5 years to maturity and a coupon rate of 6% has a par, or face, value of $20,000. Interest is paid annually. If you required a return of 8% on this bond, what is the value of this bond to you?
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a bond with 5 years to maturity and a coupon rate of 6 has a par or face value of 20000 interest is paid annually if
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