We buy a 10 20 year bond we expect to sell in 4 years at


We buy a 10%, 20 year bond we expect to sell in 4 years at which time we prognosticate that the required rates will be 8% per annum. If the yield to maturity is 6% presently, what will the price the bond will be selling for now?

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Financial Management: We buy a 10 20 year bond we expect to sell in 4 years at
Reference No:- TGS01277412

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