Shelly inc bonds have a 16 percent coupon rate the interest, Financial Management

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Shelly inc bonds have a 16 percent coupon rate the interest

Shelly inc, bonds have a 16 percent coupon rate. The interest is paid semi-annually, and the bonds mature in 7 years. Their par value is $1000. If your required rate of return is 9 percent, what is the value of the bond? What is the value if the interest is paid annually?

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Financial Management: Shelly inc bonds have a 16 percent coupon rate the interest

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Financial Management: Shelly inc bonds have a 16 percent coupon rate the interest

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