lorielder6539 lorielder6539

11-01-2024
Business

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Calculate the value of a bond that matures in 10 years and has a $1,000 par value. The annual coupon interest rate is 9%, and the market's required yield to maturity on a comparable risk bond is 15%
a. $ 900.87
b $ 1,500.00
c. $ 968.87
d. $ 698.87

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