What would value of the bond if it paid interestsemiannually


Problem: Bond Valuation

A bond that matures in 19 years has a $1,000 par value. The annual coupon interest rate is 11 percent and themarket's required yield to maturity on acomparable-risk bond is 15 percent. What would be the value of this bond if it paid interest annually? What would be the value of this bond if it paid interestsemiannually?

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Finance Basics: What would value of the bond if it paid interestsemiannually
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