What price will investors pay for a bond of par value
What price will investors pay for a bond of par value £100, redeemable after 3 years, if the coupon is 8 per cent paid at the end of each year and the market rate of interest in this risk class is 7 per cent?
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what price will investors pay for a bond of par value pound100 redeemable after 3 years if the coupon is 8 per cent
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