Xyz inc is planning to offer a 1000 face value 10-year bond


XYZ, Inc. is planning to offer a $1000 face value 10-year bond with a coupon rate of 8%. The coupon payments are made semi-annually. If you require a 10 percent rate of return, what is the price you would pay for this bond?

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Financial Management: Xyz inc is planning to offer a 1000 face value 10-year bond
Reference No:- TGS01224942

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