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Title: What is the value of a bond that has a par value of $1,000, a coupon rate of $80 (annually), and ... Post by: papahomer on May 31, 2017 What is the value of a bond that has a par value of $1,000, a coupon rate of $80 (annually), and matures in 11 years? Assume a required rate of return of 11%, and round your answer to the nearest $10.
A) $320 .66 B) $1,011.00 C) $813.80 D) $790 ,79 Title: Re: What is the value of a bond that has a par value of $1,000, a coupon rate of $80 (annually), and ... Post by: Lutional on May 31, 2017 Content hidden
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