Consider a three-year 2000 par value coupon bond that has a


Consider a three-year $2,000 par value coupon bond that has a present value of $2,140. If the annual rate of discount is 7 percent, and the payment made at the end of each year is $140, the principal amount to be repaid at the end of three years is

A) $1,860.00.  B) $2,000.00.  C) $2,140.00.  D) None of the preceding.

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Business Economics: Consider a three-year 2000 par value coupon bond that has a
Reference No:- TGS01182439

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