Coupon payments are made semiannually given the market rate
Knight, Inc. has issued a three year bond that pays a coupon rate of 5.91 percent. Coupon payments are made semiannually. Given the market rate of interest of 4.27 percent, what is the market value of the bond?
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knight inc has issued a three year bond that pays a coupon rate of 591 percent coupon payments are made semiannually
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