What is the present value of a 1000 par corporate bond from
What is the present value of a $1,000 par corporate bond from the Burns Corp. with an annual coupon rate of 10% and 30 years to maturity when market rates on similar bonds are 8%? Assume annual coupons.
$1,466.67
$1,590.33
$1,225.16
$1,348.75
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what is the present value of a 1000 par corporate bond from the burns corp with an annual coupon rate of 10 and 30
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