What is the value of a bond that has a par value of 1000 a


What is the value of a bond that has a par value of $ 1,000, a coupon rate of $ 80 (annually) and matures in 11 years? Assume a required rate of return of 11%.

Solution Preview :

Prepared by a verified Expert
Finance Basics: What is the value of a bond that has a par value of 1000 a
Reference No:- TGS02795048

Now Priced at $10 (50% Discount)

Recommended (96%)

Rated (4.8/5)