missdumas8141 missdumas8141

29-11-2020
Business

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You own a bond with a 8% coupon rate and $1,000 par value. Assume payments are made semi-annually and the bond matures in 20 years. The annual market interest rate is 9% percent. Calculate the value of the bond.

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simbeyen14 simbeyen14

29-11-2020

Answer:

the answer is 23.765%

Explanation:

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