Two years ago you bought a 30-year 10000 government bond


Two years ago you bought a 30-year $10,000 government bond that pays an annual coupon of $300. Let’s say you want to sell the bond in the secondary market. Interest rates on current 30-year government bonds are 6%. what is the price your bond will sell for in the secondary market?

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Financial Management: Two years ago you bought a 30-year 10000 government bond
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