What is the market value of a bond that will pay a total of
What is the market value of a bond that will pay a total of fifty semiannual coupons of $80 each over the remainder of its life? Assume the bond has a $1,000 face value and a 12% yield to maturity (note: this is an APR).
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what is the market value of a bond that will pay a total of fifty semiannual coupons of 80 each over the remainder of
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