Determine coupon corporate bond with a face value


Mr Lim has paid $980.30 for an 8% coupon corporate bond with a face value of $1000 that mature in 5 years.he plans on holding the bond for one year. If he wants to earn a (% rate of return on this investment,what orice must he sell the bond for?Is this realistic?

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Microeconomics: Determine coupon corporate bond with a face value
Reference No:- TGS060270

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