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samualson samualson
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5 years ago
A bond issued by Liberty, Inc. 10 years ago has a coupon rate of 8% and a face value of $1,000. The bond will mature in 15 years. What is the value to an investor with a required return of 12.5%?
A) $800
B) $750.86
C) $658.94
D) $701.52
Textbook 
Foundations of Finance

Foundations of Finance


Edition: 9th
Authors:
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guzmanguzman
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samualson Author
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#2
5 years ago
Thank you for your assistance, again and again
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#3
5 years ago
My pleasure
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