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If the required rate of return on bonds is 10 what is the

The Nickelodeon Manufacturing Co. has a series of $1000 par value bonds outstanding. Each bond pays interest semi-annually and carries an annual coupon rate of 6%. The bonds are due in four years. If the required rate of return on bonds is 10%, what is the current price of the bonds with 4 years to maturity?

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Financial Management: If the required rate of return on bonds is 10 what is the

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Financial Management: If the required rate of return on bonds is 10 what is the

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