Assume you purchased a stations casino inc bond one year, Financial Management

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Assume you purchased a stations casino inc bond one year

Assume you purchased a Stations Casino, Inc. bond one year ago for $829.73 when the market rate of interest was 10%. This bond matures in 19 years and is contracted to pay a annual coupons at the rate of 8%. If the current market rate of interest is 7%, what would be the percentage change in bond value from the time you purchased this bond until today?

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Financial Management: Assume you purchased a stations casino inc bond one year

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Financial Management: Assume you purchased a stations casino inc bond one year

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