Calculate the value of a non-callable ten-year bond
Calculate the value of a non-callable 10-year bond with a coupon rate of 6% compounded semi-annually if you expect 8% yield on the bond. Assume a $1,000 face value for the bond.
A) $864.10B) $918.89C) $1,137.11D) $828.81E) $1,085.30
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Calculate the value of a non-callable 10-year bond with a coupon rate of 6% compounded semi-annually if you expect 8% yield on the bond.
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