Question - bond valuation - calculate the value of a bond
Question - Bond valuation
Calculate the value of a bond that matures in 12 years and has a $1,000 par value. The coupon interest rate is 8 percent and the market's required yield to maturity on a comparable-risk bond is 12 percent.
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question - bond valuation calculate the value of a bond that matures in 12 years and has a 1000 par value the coupon
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