The nominal interest rate for marr rate is 10 per year, Financial Management

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The nominal interest rate for marr rate is 10 per year

The bond has been purchased for 15,000 dollars. It is a 25-year bond with a $20,000 face value and 8% coupon rate (with interest paid semiannually)? The bond will be kept to maturity. The nominal interest rate for MARR rate is 10% per year compounded quarterly. Should the investor buy the bond? Why?

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Financial Management: The nominal interest rate for marr rate is 10 per year

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Financial Management: The nominal interest rate for marr rate is 10 per year

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