Alpha corporation has a bond issue with an annual coupon, Financial Management

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Alpha corporation has a bond issue with an annual coupon

Alpha Corporation has a bond issue with an annual coupon rate of 10% and 1 year remaining until maturity. The par value of the bond is $1,000. Determine the price of the bond if the required rate of return is 8% and the bond pays interest semi-annually.

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Financial Management: Alpha corporation has a bond issue with an annual coupon

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Financial Management: Alpha corporation has a bond issue with an annual coupon

Reference No:- TGS02154912

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