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Bond valuation Semiannual interest Find the value of a bond maturing in 11 years, with a $1,000 par value and a coupon i
Posted: Wed Apr 06, 2022 9:09 am
by answerhappygod
- Bond Valuation Semiannual Interest Find The Value Of A Bond Maturing In 11 Years With A 1 000 Par Value And A Coupon I 1 (11.48 KiB) Viewed 40 times
Bond valuation Semiannual interest Find the value of a bond maturing in 11 years, with a $1,000 par value and a coupon interest rate of 9% (4.5% paid semiannually) if the required return on similar-risk bonds is 17% annual interest (8.5% paid semiannually). The present value of the bond is (Round to the nearest cent.)