Calculate the price of this bond if the stated annual, Financial Management

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Calculate the price of this bond if the stated annual

company A has issued a bond with the following characteristics: Principal: $1,000

Time to maturity: 20 years

Coupon rate: 8 percent, compounded annually

Annual coupon payments

Calculate the price of this bond if the stated annual interest rate, compounded annually, is:

8 percent

10 percent

6 percent

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Financial Management: Calculate the price of this bond if the stated annual

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