What is the value of an orion bond that has a 10 coupon


What is the value of an Orion bond that has a 10% coupon, pays interest annually, and has 10 years to maturity, if the required rate of return is 12%?

  • $1,106.42
  • $906.38
  • $1,000.00
  • $887.00

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Business Economics: What is the value of an orion bond that has a 10 coupon
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