A different bond pays 65 annual interest once per year has


A different bond pays 6.5% annual interest once per year, has 9 years to maturity, and a $1,000 par or maturity value. Given the risk level of this bond the market demands a 8.2% interest rate. What is the value of this bond today?

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Finance Basics: A different bond pays 65 annual interest once per year has
Reference No:- TGS0602367

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