Assume a bond with a coupon rate of 8 a par maturity value


Assume a bond with a coupon rate of 8%, a par (maturity) value of $5,000, and a maturity term of 2 years. Assume also semiannual coupon payments at a compounding interest rate of 10% Please compute the price for this bond. (Please round-off your calculations to four decimals)

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Financial Management: Assume a bond with a coupon rate of 8 a par maturity value
Reference No:- TGS02804937

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