Calculate the price of an aa-rated 20-year 8 coupon paid


Calculate the price of an AA-rated, 20-year, 8% coupon (paid annually) corporate bond (Par value = $1,000) which is expected to earn a yield to maturity of 10%. (round your answer to the nearest penny, no dollar signs, no commas)

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Financial Management: Calculate the price of an aa-rated 20-year 8 coupon paid
Reference No:- TGS02246693

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