If you bought a bond of a corportion for 100000 face value


If you bought a bond of a corportion for $1000.00 face value, which had 30 years maturity and 11% coupon rate, can you sell it today, which is 3 years later? If so, at what price if the current interest rate is 6%?

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Financial Management: If you bought a bond of a corportion for 100000 face value
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