Interest rates have fallen since the planning for this bond
A 10-year, $10,000 bond will be issued at an interest rate of 8%. Interest is paid annually. Interest rates have fallen since the planning for this bond was completed, and interest rates are now 7%. At what price should this bond sell?
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a 10-year 20000 bond was issued at a nominal interest rate of 8 with semiannual compounding just after the fourth
a 10-year 10000 bond will be issued at an interest rate of 8 interest is paid annually interest rates have fallen since
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