Calculate the current price of a 1000 par value bond that


Calculate the current price of a $1,000 par value bond that has a coupon rate of 11 percent, pays coupon interest semi-annually, has 21 years remaining to maturity, and has a current yield to maturity (discount rate) of 21 percent.

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Financial Management: Calculate the current price of a 1000 par value bond that
Reference No:- TGS01246764

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